License renewal forms are to be filed yearly within 90 days of fiscal year end. Bonding - Bonding requirements are determined by the type of license being issued. Net Worth - Net Worth is subject to the type of license. Stocks Insured - Grain stocks are required to be insured for full market value. Scale tickets and adequate record keeping are required.
Grain is graded using the U.S. Grain Standards Act.
Public notice may be published when a license is suspended, revoked or denied. These risks may include future payments by you to maintain this contrat, a lower sales price, and other risks not specified. Be sure you understand the nature of this contract and the associated risks. Be sure you understood the nature of this contract and the associated risks. What To Look For . . .