Title 2 — Agriculture
31 chapters · 691 sections in this title.
Ark. Code Ann. § 2-24-101 Title
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This chapter shall be known and may be cited as the “Arkansas Grain Dealers Act”.
Ark. Code Ann. § 2-24-102 Definitions
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(1) As used in this chapter:(1) (A) “Dealer” means a person that operates as a grain buyer.(B) “Dealer” does not include a person licensed under the following:(i) The United States Warehouse Act, 7 U.S.C. § 241 et seq.; or(ii) The Arkansas Public Grain Warehouse Law, § 2-17-201 e…
Ark. Code Ann. § 2-24-103 Administration — Exemption
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(a) The State Plant Board shall:(1) Administer this chapter; and(2) Create a publicly accessible database of:(A) Dealers licensed under this chapter;(B) Persons licensed under the United States Warehouse Act, 7 U.S.C. § 241 et seq.; and(C) Persons licensed under the Arkansas Publ…
Ark. Code Ann. § 2-24-104 License required
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(a) (1) A dealer shall obtain a license from the State Plant Board under this chapter before entering into a contract for or purchasing grain.(2) A dealer that exists as of the effective date of this chapter has sixty (60) days from March 23, 2015 to obtain a license. (1) A deale…
Ark. Code Ann. § 2-24-105 Applications for licenses — Renewal
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(a) The State Plant Board shall issue a license to a dealer that satisfies the requirements of this chapter and the rules promulgated by the board. (b) A dealer seeking licensure under this chapter shall submit an application to the board on the form prescribed by the board. (c) …
Ark. Code Ann. § 2-24-106 Bond requirement
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The State Plant Board may require a surety bond, financial reserve, or other evidence of creditworthiness for dealers.
Ark. Code Ann. § 2-24-107 Reporting — Audits and inspections
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(a) A dealer shall report to the State Plant Board annually on the form prescribed by the board. (b) The board may audit and inspect each dealer annually and as necessary.
Ark. Code Ann. § 2-24-108 Violations — Penalties
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(a) It is a violation of this chapter to:(1) Operate as a dealer without a license issued under this chapter;(2) Knowingly violate this chapter; or(3) Knowingly refuse to allow inspection of a dealer's premises, books, accounts, or other records during an audit by the State Plant…
Ark. Code Ann. § 2-24-109 Suspension of license
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(a) (1) The State Plant Board may temporarily suspend a dealer's license without a hearing if the board determines that the public health, safety, or welfare requires immediate action.(2) If the board temporarily suspends a dealer's license under subdivision (a)(1) of this sectio…
Ark. Code Ann. § 2-24-110 Receivership
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(a) Following the suspension of a dealer's license under this chapter, the State Plant Board may file a verified petition in a court of competent jurisdiction requesting the appointment of a receiver to take custody of the assets of the dealer and provide for the disposition of t…
Ark. Code Ann. § 2-24-111 Cease and desist
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The State Plant Board may order a dealer to cease and desist any activity that is in violation of this chapter.
Ark. Code Ann. § 2-24-112 Slow-pay hotline
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(a) The State Plant Board shall establish a slow-pay hotline for a person to notify the board that a dealer is more than thirty (30) days late on the dealer's contractual obligation for payment of grain to the person. (b) A dealer shall provide notice to each person from which th…
Ark. Code Ann. § 2-24-113 Recordkeeping
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(a) The State Plant Board shall promulgate rules concerning the records a dealer is required to maintain for the proper administration of this chapter. (b) A dealer shall:(1) Maintain the records required by the board under this section for five (5) years; and(2) Make the records…
Ark. Code Ann. § 2-24-114 Rules
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The State Plant Board shall promulgate rules to implement and administer this chapter.