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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 901:7-2-06 | Additional warehouse examinations.

 

(A) Additional examinations shall occur for any of the following reasons:

(1) The issuance of a W-70; violation notice for errors other than inventory reduction or unsigned delayed price agreements, or,

(2) Failure to comply with a W-70; or,

(3) Insufficient assets to cover delayed price obligations, insufficient grain inventories to cover grain bailment obligations; or.

(4) Financial statement indicates total assets do not equal or exceed total liabilities; failure to meet the applicable net worth requirement set forth in Chapter 926. of the Revised Code; or

(5) Financial statement indicates current assets do not equal or exceed current liabilities; or,

(6) Incomplete, inadequate or non-current records or inventory; or

(7) Unsafe warehouse conditions.

(B) If the director or his designated representative is unable to conduct or complete an examination, the licensed handler may be charged as follows:

(1) The hourly salary of the examiner times the number of hours required to complete the examination; meals, lodging and mileage, and;

(2) Such additional necessary incidental expenses as may be approved by the director of agriculture.

Last updated February 3, 2023 at 9:25 AM

Supplemental Information

Authorized By: 926.02
Amplifies: 926.02, 926.05
Five Year Review Date: 2/13/2028