Get the free GRAIN ELEVATOR WAREHOUSEMAN'S BOND - psc nd

This document serves as a surety bond for the operator of a public warehouse engaged in receiving, buying, selling, storing, or shipping grain in North Dakota, ensuring compliance with state laws

How to fill out grain elevator warehousemans bond

How to fill out GRAIN ELEVATOR WAREHOUSEMAN'S BOND

1. Obtain the GRAIN ELEVATOR WAREHOUSEMAN'S BOND form from your local regulatory agency or online.
2. Fill in the name of the principal (the warehouseman) on the bond form.
3. Enter the address of the principal.
4. Identify and provide the bond amount required by your state or local jurisdiction.
5. Include the name of the surety company that is issuing the bond.
6. Provide the surety company's address and other relevant details.
7. Sign and date the bond form as the principal.
8. Ensure the bond is notarized if required.
9. Submit the completed bond form to the appropriate regulatory agency or department.

Who needs GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

1. Warehouse operators who manage grain elevators and wish to operate legally.
2. Businesses involved in the storage and handling of grain that need to guarantee compliance with state regulations.
3. Any entity that requires bonding to protect against potential financial losses or legal liabilities associated with grain storage.

People Also Ask about

How much does it cost to build a grain elevator?

Capital investment estimates for the corn-soy- bean model elevators range from about $2.0 million for a 25-car loadout model to about $5.5 million for a 100-car loadout model.

What is the tallest grain elevator in the world?

Significance. At 118 metres (387 ft), the Swissmill Tower is the tallest operating grain elevator in the world. The second tallest, the Schapfen Mill Tower in Ulm, Germany, is 115 metres (377 ft) tall excluding the antenna.

Are grain silos still used?

Silos are commonly used for bulk storage of grain, coal, cement, carbon black, woodchips, food products and sawdust. Three types of silos are in widespread use today: tower silos, bunker silos, and bag silos. Silos are used in agriculture to store fermented feed known as silage.

What ended Buffalo's grain supremacy?

The reasons were complex, but the drying up of the grain trade here was due to such factors as the rise of Pacific coasts ports, such as Seattle, Tacoma, and Portland in the United States and Vancouver in British Columbia, the improvement of the Welland Canal and the Oswego Canal, which allowed more and more traffic to

How common are grain elevator explosions?

Over the past decade, the national average for grain dust explosions has been 8.6 per year, marking a noticeable decline from the previous 10-year average of 10 per year. This downward trend suggests that improved safety protocols and industry awareness may be helping to reduce the overall frequency of incidents.

Why aren't grain elevators used anymore?

“As farm operations and grain elevators have gotten bigger, these older country elevators have become obsolete. Farmers are willing to drive farther for better bids, and during harvest, they want to dump grain and get back to fields.”

Where is the largest grain elevator in the US?

? Did You Know? The world's largest grain terminal by storage capacity is the DEBRUCE GRAIN INC. Elevator in Wichita, Kansas, USA. With a staggering 20 million bushels (~544.000 metric tons) of storage, this facility has held the Guinness World Records since 1999!

Are grain elevators still used?

The first Peavey-Haglin Experimental Concrete Grain Elevator still stands today in St. Louis Park, Minnesota. The Peavey invented elevator was the first cylindrical concrete grain elevator in the world and is now widely used across Canada and the US.

What is the biggest grain elevator in the United States?

Haysville Grain Elevator, Kansas. This 2,717-foot-long cement structure is listed as the largest grain elevator in the world.

What city has the most grain elevators?

Elevator Alley The city of Buffalo is not only the birthplace of the modern grain elevator, but also has the world's largest number of extant examples. A number of the city's historic elevators are clustered along "Elevator Alley", a narrow stretch of the Buffalo River immediately adjacent to the harbor.

For pdfFiller’s FAQs

What is GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

A GRAIN ELEVATOR WAREHOUSEMAN'S BOND is a financial guarantee that a grain elevator operator will comply with state regulations and fulfill their obligations to the grain owners, ensuring the safe storage and handling of grain.

Who is required to file GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

Grain elevator operators or warehousemen who handle or store grain on behalf of others are required to file a GRAIN ELEVATOR WAREHOUSEMAN'S BOND as part of their licensing and regulatory compliance.

How to fill out GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

To fill out a GRAIN ELEVATOR WAREHOUSEMAN'S BOND, the applicant must provide details such as the name and address of the grain elevator, the bond amount, the names of the surety and principal, and any required signatures, along with compliance with state bonding forms and guidelines.

What is the purpose of GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

The purpose of the GRAIN ELEVATOR WAREHOUSEMAN'S BOND is to protect farmers and grain owners by ensuring that the grain elevator fulfills its contractual obligations and adheres to regulations, acting as a form of insurance against potential losses or defaults.

What information must be reported on GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

The information that must be reported on a GRAIN ELEVATOR WAREHOUSEMAN'S BOND includes the names and addresses of the bonded parties, the bond amount, the types of commodities covered, the effective date of the bond, and any relevant state regulatory information.