Arkansas § 2-17-403 Plan for disposition of grain

Arkansas Statutes

§ 2-17-403 — Plan for disposition of grain

Arkansas § 2-17-403

Title2

This text of Arkansas § 2-17-403 (Plan for disposition of grain) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 2-17-403 (2026).

Text

(a)A petition filed by the Public Grain Warehouse Commissioner under § 2-17-402 shall be accompanied by the commissioner's plan for disposition of stored grain.

(b)(1) The plan may provide for the pro rata delivery of part or all of the stored grain to depositors holding warehouse receipts or unpriced scale tickets;

(2)The plan may provide for the sale under the supervision of the commissioner of part or all of the stored grain for the benefit of those depositors; or (3) The plan may provide for any combination thereof, as the commissioner in his or her discretion determines to be necessary to minimize losses.

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(a) A petition filed by the Public Grain Warehouse Commissioner under § 2-17-402 shall be accompanied by the commissioner's plan for disposition of stored grain. (b) (1) The plan may provide for the pro rata delivery of part or all of the stored grain to depositors holding warehouse receipts or unpriced scale tickets; (2) The plan may provide for the sale under the supervision of the commissioner of part or all of the stored grain for the benefit of those depositors; or (3) The plan may provide for any combination thereof, as the commissioner in his or her discretion determines to be necessary to minimize losses.