ORS 586.382
Warehouse records

  • warehouse receipts

(1)

A warehouseman operating another business in conjunction with, or in proximity to, the licensed public warehouse of the warehouseman shall keep a complete set of records for the warehouse business, entirely separate and distinct from the accounts and records of any other business. Deposits of grain for the account of such other business, or for grain owned by the warehouseman, shall be entered in the books of the warehouse in the same manner as those of other depositors.

(2)

No sale of grain by a warehouseman for future delivery, made when grain is not in storage in the warehouse, shall be deemed a transaction to which this chapter is applicable, nor shall such transaction be entered in the warehouse records as a storage obligation until the grain is placed in the public warehouse. When such grain is received and deposited to an account of a purchaser, the warehouseman shall immediately issue and deliver to the purchaser a negotiable or nonnegotiable warehouse receipt therefor.

(3)

When grain in storage, not covered by an outstanding warehouse receipt, is purchased from one depositor and title passed to a new owner, the warehouseman shall immediately issue and deliver to such new owner a negotiable or nonnegotiable warehouse receipt therefor. [1961 c.445 §7]

Source: Section 586.382 — Warehouse records; warehouse receipts, https://www.­oregonlegislature.­gov/bills_laws/ors/ors586.­html.

586.210
Definitions for ORS 586.210 to 586.730 586.225
Exemption for certain warehousing facilities 586.230
State Department of Agriculture to inspect warehouses and records and make rules to enforce ORS 586.210 to 586.730 586.235
Cooperative agreements for inspections in other states 586.250
Improper acts of department officers or employees and of others improperly influencing them 586.270
Warehouse licenses 586.275
Revocation of or refusal to issue license 586.280
Prohibition against operating a warehouse or issuing a warehouse receipt without a license 586.285
Operation without a license may be enjoined 586.290
Posting of signs at warehouses 586.295
Warehouse to be maintained in adequate manner 586.300
Warehouseman’s bond 586.315
Warehouseman required to insure grain or retain written waiver by depositor 586.330
Investigating and fixing warehouse charges 586.340
Posting rate schedules 586.350
Overcharges, rebates and preferences prohibited 586.360
Warehouseman required to receive grain for storage 586.370
Obtaining blank forms of receipts from department 586.380
Only authorized receipts to be used 586.382
Warehouse records 586.385
Warehouseman’s liability for failure to issue proper receipt 586.395
Warehouseman’s liability for injury to grain 586.400
Duty of warehouse receiving grain for storage 586.410
Loading and shipping instructions 586.415
Approval of holder of receipt required before sale, shipment or other transaction 586.520
Inspection of warehouses 586.525
Procedure in case of probable shortage in grain or where warehouseman refuses to submit to inspection 586.527
Settlement of claims against defaulting warehouseman 586.529
Receivership of warehouse business 586.530
Establishment of standard grades for commodities received 586.550
Warehouseman to keep copy of regulations available for inspection 586.555
Warehouseman’s reports to department 586.561
Discontinuance of operation of warehouse 586.710
Disposition of certain fees 586.720
Application of Uniform Commercial Code–Documents of Title and other laws to public warehouses 586.730
Violation of provisions or noncompliance with order prohibited 586.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 586.382’s source at oregon​.gov