4 Tex. Admin. Code § 13.15 - Shortage of Grain
(a) A warehouse
operator shall correct all shortages that are greater than 3% within a 24-hour
period or other specified time period assigned by the department.
(b) A warehouse operator shall notify the
department when a shortage has been corrected.
(c) A warehouse operator may correct
shortages by spot purchasing and delivery or transferring from company-owned
grain of the same type with equal or higher value (i.e., class and grade,
including subclass for wheat).
(d)
A warehouse operator may correct shortages by purchasing the shortage amount
from depositors.
(e) A warehouse
operator may correct shortages by purchasing the difference between class and
grade stored and class and grade of the replacement grain, but only with
written agreement from the depositor and documentation of payment.
(f) A shortage is considered corrected when
replacement grain is actually in storage at the same facility or actually in
storage at a terminal facility with proper documentation in the warehouse (with
shortage) records or when payment has been made to the depositor.
Notes
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