Rules & Regulations of the State of Tennessee
Title 0080 - Department of Agriculture
Subtitle 0080-05 - Markets
Chapter 0080-05-14 - Commodity Warehouse Regulations
Section 0080-05-14-.01 - DEFINITIONS

Current through September 24, 2024

(1) WHEN USED IN THIS CHAPTER, UNLESS THE CONTEXT REQUIRES OTHERWISE:

(a) Commissioner means the commissioner of the Tennessee Department of Agriculture, or his designated representative;

(b) Department means the Tennessee Department of Agriculture;

(c) Commodity means grain;

(d) Grain means shelled corn, wheat, oats, rye, soybean, rape seed, canola and grain sorghums;

(e) Producer means the owner, tenant or operator of land in this state who has an interest in and receives all or any part of the proceeds from the sale of the commodities produced therein;

(f) Person includes individuals, corporations, partnerships and all associations of two (2) or more persons having a joint or common interest;

(g) Warehouse or commodity warehouse shall mean any building, structure, or other protected enclosure in this state used for the purpose of storing commodities for a consideration;

(h) Stored commodities means any commodities received in any commodities warehouse, located in this state, if such commodities are not purchased and beneficially owned by the commodities warehouseman;

(i) Warehouseman or commodities warehouseman means any person who owns, controls or manages a public commodities warehouse in which commodities are stored for compensation and is authorized to issue warehouse receipts and includes any grain warehouse licensed under the "United States Warehouse Act" that has entered into a cooperative agreement;

(j) "United States Warehouse Act" means the "United States Warehouse Act", enacted August 11, 1916, as amended;

(k) Warehouse receipt means:
1. A warehouse receipt issued under this act in accordance with the Uniform Commercial Code; or

2. A warehouse receipt issued under the "United States Warehouse Act".

(l) Grain Banking means grain delivered to a grain dealer or warehouse that is also a milling operation which the title does not pass to the mill at the time of delivery. The grain is held by the dealer or warehouse until it is processed and returned to the owner of the grain.

Authority: T.C.A. §§ 4-3-203 and 43-32-213.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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