Section 281.90  Miscellaneous

a)         Business Hours

            Temporary interruptions of the posted business days and hours shall be posted in a conspicuous place at the place of business.  The Department may grant seasonal business days and hours to those businesses which operate only during specific periods.  Any deviations on business hours pursuant to Section 5-25(a)(2) of the Grain Code shall be approved by the Department.

b)         Grain Bank

1)         Grain deposited for grain bank purposes shall be accounted for on a separate record, with such record containing the same informational requirements as a non-negotiable warehouse receipt, or on a non-negotiable warehouse receipt listing each lot of grain deposited and withdrawn showing a net balance.

2)         When a non-negotiable warehouse receipt is issued for grain in grain bank, the reverse side of the original warehouse receipt shall be used to record withdrawals and additional deposits and the warehouse receipt shall be retained by the warehouseman.

3)         No deposit shall be recorded which would increase the balance of the grain in the grain bank to an amount which would exceed the original net bushels on the face of the non-negotiable warehouse receipt.

c)         Posting Bin Chart and Diagram

            The warehouseman shall post in a conspicuous place in the office of each warehouse a bin chart and diagram, as supplied by the Department, showing the location, bin number and capacity of all bins and sections of the warehouse.

d)         Transfer and Redeposit

            A warehouseman forwarding stored grain to another warehouseman for redeposit shall obtain a non-negotiable warehouse receipt as evidence of the forwarded grain.

e)         Grain Dealer Examination Fee

            The first examination performed each calendar year shall be billed at a rate of .00015 x the total dollar amount paid to producers the last fiscal year with a minimum fee of $75 and a maximum of $200.  When more than one location is included in the exam, each additional certificate of a license shall be billed $25.  For each subsequent examination in a calendar year, the grain dealer shall pay a $25 fee for each license examined.

f)          Collateral and Guarantees

            Pursuant to Section 15-30(d) of the Grain Code, the Department may require that an applicant or licensee provide the Department with personal, corporate, or other related person guarantees.  The Department may require that a guarantee be executed by any related person to an applicant or licensee.  All guarantees shall be executed for a minimum of $500,000.  Guarantees shall be executed for a maximum amount not to exceed the dollar value of annual grain purchases or the dollar value of the highest bushel storage obligation during the past year.