Text: SF00253 Text: SF00255 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 203.15A CONTRACTS FOR DELAYED
1 2 DELIVERY AND PRICING OF GRAIN – PROHIBITION.
1 3 A grain dealer shall not execute a contract with a producer
1 4 for the purchase of undelivered grain in which a price for the
1 5 grain may be established and delivery of the grain may occur
1 6 more than eighteen months from the date that the contract is
1 7 executed.
1 8 EXPLANATION
1 9 This bill relates to transactions involving contracts for
1 10 the sale of grain between producers of the grain and grain
1 11 dealers regulated by the department of agriculture and land
1 12 stewardship. The bill prohibits a grain dealer from
1 13 purchasing grain under a contract which allows for the
1 14 delivery of grain and the establishment of a price for that
1 15 grain more than 18 months from the date that the contract is
1 16 executed.
1 17 LSB 2385SS 77
1 18 da/jw/5
Text: SF00253 Text: SF00255 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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