Form 118: Grain Dealer Receipt Book




 Form 118: Grain Dealer Receipt Book
The NeGFA Grain Dealer Receipt Book provides a warning to the seller on grain dealer's security.
Item Number: F118
Shipping Weight: 0lbs. 6oz.
Price: $20.00
The NeGFA Grain Dealer Receipt Book provides a warning to the seller on grain dealer's security. It meets Nebraska Public Service Commission Requirements. Duplicates. 50 per book.
Information Collected:
• Date
• Time
• Grain Dealer License Number
• Name and Address of Buyer
• Name and Address of Seller
• Kind of Grain Delivered
• Approximate Quantity
• Buyer/Agent
Warning to Seller: You will have no recourse to the grain dealer's security posted with the Nebraska Public Service Commission (NPSC) unless you are a Nebraska producer and you: 1) demand payment from the grain dealer within fifteen (15) days after the date of the last shipment of any contract; (2) negotiate any negotiable instrument issued as payment for your grain by the grain dealer within fifteen (15) days after its issuance; and, (3) notify the NPSC, PO Box 94927, Lincoln, NE 68509-4927, within fifteen (15) days after an apparent loss. The grain dealer's security shall provide security for direct delivery grain until a post-direct delivery storage position is created for a period not to exceed fifteen (15) days after date of the last shipment of grain. Direct delivery of grain may affect the eligibility of the grain for participation in federal price support programs.