Delaware § 1611 Grain contracts of sale, discount rates and weight rates

Delaware Statutes

§ 1611 — Grain contracts of sale, discount rates and weight rates

Delaware § 1611

JurisdictionDelaware

Title3

PartRegulatory Provisions

Ch. 16GRAIN INSPECTION, CERTIFICATION, AND GRAIN CONTRACTS

Subch.Grain Contracts of Sale, Discount Rates and Test Weight Rates

This text of Delaware § 1611 (Grain contracts of sale, discount rates and weight rates) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 3, § 1611 (2026).

Text

(a)Subject to any contractual provision to the contrary and based upon whatever market the contracting parties agree to:

(1)The discount rates for foreign material and moisture content may not be higher than the discount rates that prevail on the day the contract is formed;

(2)The test weight rates may not be higher than the test weight rates that prevail on the day the contract is formed.

(b)This section applies to any contract for sale of grain entered into in this State provided the date of delivery is less than 1 year after the date the contract is formed.

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(a) Subject to any contractual provision to the contrary and based upon whatever market the contracting parties agree to:

(1) The discount rates for foreign material and moisture content may not be higher than the discount rates that prevail on the day the contract is formed;

(2) The test weight rates may not be higher than the test weight rates that prevail on the day the contract is formed.

(b) This section applies to any contract for sale of grain entered into in this State provided the date of delivery is less than 1 year after the date the contract is formed.