1. The department shall establish a special quality grains electronic bulletin board system. The system shall be available to any and all buyers and sellers of special quality grains for the purpose of posting the availability of special quality grains, or a demand for special quality grains.
2. The department shall actively promote the use of this system by both of the following:
a. Sellers who are producers or elevators.
b. Buyers who are government buying agencies, elevators, commercial firms, or others.
3. The system shall be limited to an informational service to permit one party of a potential transaction to learn basic preliminary information needed to locate and contact a second party if there is a commonality of demand and supply. The system shall not be operated as a trading system for completion of a contract, without express legislative permission. The department or the state shall not be liable for any action in connection with facilitating the initial contact between the parties through the electronic bulletin board system. The department or the state makes no warranties with regard to the information supplied to the bulletin board or to system participants.
89 Acts, ch 195, § 2; 92 Acts, ch 1239, § 32
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