Credit-sale contracts. A warehouseman shall not purchase grain by a credit-sale contract except as provided in this section. All credit-sale contracts must be in writing and must be consecutively numbered at the time of printing the contract. The warehouseman shall maintain an accurate record of all credit-sale contract numbers, including the disposition of each numbered form, whether by execution, destruction, or otherwise. Each credit-sale contract must contain or provide for all of the following: 1. The seller's name and address.
Appears in 5 contracts
Samples: Grain and Seed Warehouse Regulations, Grain and Seed Warehouse Regulations, Grain and Seed Warehouse Regulations
