Indiana § 26-3-7-4 License; application; exemptions; prohibited operation

Indiana Statutes

§ 26-3-7-4 — License; application; exemptions; prohibited operation

Indiana·Title 26 COMMERCIAL LAW·Art. 3 WAREHOUSES·Ch. 7 Indiana Grain Buyers and Warehouse Licensing and

(a)A person may not operate a warehouse or conduct business as a grain buyer or buyer-warehouse without first having obtained the appropriate license from the agency.

(b)A person may not be licensed to operate a particular facility unless all facilities operated by the person in Indiana also qualify to be and are licensed under this chapter. A person that operates multiple facilities for the storage or handling of grain in Indiana must obtain a license that covers all facilities operated by the person.

(c)A person may not represent that the person is licensed under this chapter, and may not use a name or description that conveys an impression that the person is licensed under this chapter, unless the person holds a valid license issued under this chapter that has not been terminated. (d

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(a) A person may not operate a warehouse or
conduct business as a grain buyer or buyer-warehouse without first
having obtained the appropriate license from the agency.
(b) A person may not be licensed to operate a particular facility
unless all facilities operated by the person in Indiana also qualify to be
and are licensed under this chapter. A person that operates multiple
facilities for the storage or handling of grain in Indiana must obtain a
license that covers all facilities operated by the person.
(c) A person may not represent that the person is licensed under this
chapter, and may not use a name or description that conveys an
impression that the person is licensed under this chapter, unless the
person holds a valid license issued under this chapter that has not been
terminated.
(d) If a licensee acquires an additional grain storage or handling
facility in Indiana, the licensee shall promptly submit to the agency an
amended application for licensure. A licensee shall promptly notify the
agency of a material change to the licensee's operations, such as
expansion of the amount of storage being used in the licensee's existing
facilities or change of ownership of a facility, and shall provide the
director with additional information the director may require. A
licensee shall obtain the approval of the director before making use of
increased storage or handling capacity.
(e) A licensee that acquires an additional grain storage or handling
facility that is required to be licensed may not use the facility for the
storage or handling of grain until it qualifies for and is issued a license
and is licensed as provided in this chapter. If a licensed grain storage
or handling facility that a licensee operates in Indiana becomes
ineligible for a license at any time for any reason, the facility may not
be used for the storage or handling of grain until the condition making
it ineligible is removed.
Formerly: Acts 1973, P.L.268, SEC.1; Acts 1974, P.L.120,
SEC.3. As amended by Acts 1982, P.L.155, SEC.4; P.L.191-1991,
SEC.3; P.L.139-1996, SEC.8; P.L.125-1997, SEC.21; P.L.173-1999,
SEC.3; P.L.60-2015, SEC.6; P.L.114-2025, SEC.5.

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