Ohio Administrative Code
Title 901:7 - Grain Warehouses
Chapter 901:7-2 - Licensed Agricultural Commodities Handlers
Section 901:7-2-06 - Additional warehouse examinations

Universal Citation: OH Admin Code 901:7-2-06

Current through all regulations passed and filed through September 16, 2024

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

(1) A violation notice issued for violations other than inventory reduction or unsigned delayed price agreements;

(2) Failure to comply with a previously issued violation notice;

(3) A violation notice was issued for insufficient assets to cover delayed price obligations;

(4) A violation notice was issued for insufficient grain inventories to cover grain bailment obligations;

(5) The annual 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;

(6) The annual financial statement indicates current assets do not equal or exceed current liabilities;

(7) A violation notice issued for incomplete, inadequate or non-current records or inventory; or

(8) The necessary staff not present or available to allow for an examination to be conducted.

(B) If the director or the director's designated representative performs additional examinations for any reason listed in paragraph (A) of this rule, 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 including; meals, lodging, and mileage, and;

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

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