capitol dome
Michigan Legislative Website


Michigan Compiled Laws Complete Through PA 85 and includes 87-98, 100, 102-119 of 2014
House: Adjourned until Tuesday, April 29, 2014 1:30:00 PM
Senate: Adjourned until Tuesday, April 29, 2014 10:00:00 AM

Michigan Legislative Website

Main Content

Act 141 of 1939
Search within this Statute for


GRAIN DEALERS ACT

Act 141 of 1939

AN ACT to regulate the storage, warehousing, buying, and selling of farm produce within this state; to provide for the licensing, regulation, and bonding of grain dealers; to provide for warehouse receipts, acknowledgment forms, and price later agreements and their use and priority; to provide for the creation of security interests; to provide for certain powers and duties of the department of agriculture and its director; to impose certain duties on insurance companies and sureties; and to provide administrative remedies and penalties for the violation of this act.


History: 1939, Act 141, Eff. Sept. 29, 1939 ;-- Am. 1962, Act 159, Eff. Mar. 28, 1963 ;-- Am. 1976, Act 259, Imd. Eff. Aug. 12, 1976 ;-- Am. 1984, Act 169, Imd. Eff. June 29, 1984 ;-- Am. 2002, Act 80, Eff. Mar. 31, 2003


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 285.61SectionShort title.
Section 285.62SectionDefinitions.
Section 285.63SectionGrain dealer; license required; issuance; prohibited conduct; allowable net asset requirements; surety bond; acting as grain dealer without license; misdemeanor; review of books and records; injunction.
Section 285.64SectionLicense; conduct; term; display; term of new license.
Section 285.65SectionRevocation of license; application for new license; events; notice of event.
Section 285.66SectionTemporary permit.
Section 285.66a, 285.66bSectionRepealed. 2002, Act 80, Eff. Mar. 31, 2003.
Section 285.67SectionGrain dealer's license; application; form; contents; receipt of completed application; issuance of license within certain time period; submission; report.
Section 285.67aSectionRepealed. 2002, Act 80, Eff. Mar. 31, 2003.
Section 285.68SectionLicense fee; grain dealer's fees fund; duration of license; fee schedule adjustment; "Detroit consumer price index" defined.
Section 285.69SectionApplication for license or renewal; financial statement.
Section 285.69aSectionRepealed. 2002, Act 80, Eff. Mar. 31, 2003.
Section 285.70SectionRevocation or refusal to issue or renew license; hearing; conditions.
Section 285.71SectionTemporary facility.
Section 285.71aSectionRepealed. 2002, Act 80, Eff. Mar. 31, 2003.
Section 285.72SectionDestruction or damage of farm produce; certificate of insurance required; reimbursement to depositors; notice of cancellation or nonrenewal of insurance.
Section 285.73SectionAvailability of books and records; confidentiality; disclosure.
Section 285.74SectionCommingling produce; limitations on transactions; warehouse receipt or acknowledgment; standard of care; failure of depositor to remove or sell farm produce; limitation on loan balance.
Section 285.75SectionDaily position report.
Section 285.76SectionRecords and accounts.
Section 285.77SectionNotice of intent to discontinue business.
Section 285.78SectionReceipt of farm produce; acknowledgment form.
Section 285.79SectionSuspension or revocation of grain dealer's license; reservation of rights; weighing and inspecting produce.
Section 285.80SectionWarehouse receipt.
Section 285.81SectionPrice later agreement.
Section 285.82SectionAdministration and enforcement of act; rules; powers and duties of director.
Section 285.82aSectionRepealed. 2002, Act 80, Eff. Mar. 31, 2003.
Section 285.83SectionViolation of act or rule; prohibited conduct; penalty.
Section 285.84SectionViolation of act or rule; administrative fines; warning; action by attorney general; license revocation; disposition of fine, costs, and recovery.
Section 285.85SectionInjunction; applicability of penalties to public officials; civil or criminal liability; hearing; local ordinance, regulation, or resolution; preemption; confidentiality; exceptions.
Section 285.86SectionPossession, liquidation, and distribution of assets; satisfaction of claims; reduction.
Section 285.87SectionRepealed. 2012, Act 148, Imd. Eff. May 30, 2012.
Section 285.88SectionGrain merchandiser or farm produce trucker; surety bond; requirements.
Section 285.89SectionRescission of R 285.560.