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

A bond required for public warehouse operators in North Dakota to guarantee compliance with laws related to grain storage and handling.

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 a reputable source or regulatory authority.
2. Fill in the name and address of the warehouseman on the bond form.
3. Provide the legal name of the business entity if applicable.
4. Specify the amount of the bond, which should meet or exceed the required minimum set by the state or regulatory agency.
5. Include the details of the surety company that will underwrite the bond.
6. Ensure that the bond is signed by the warehouseman and the surety company representative.
7. Review all information on the bond for accuracy.
8. Submit the completed bond form along with any required fees to the appropriate regulatory authority.

Who needs GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

1. Warehousemen who operate grain elevators and are required to ensure compliance with state agricultural regulations.
2. Businesses involved in the storage of grain for third parties to protect against losses or claims.
3. Any entity seeking to provide services that require them to guarantee compliance with state laws related to grain storage.

People Also Ask about

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.

How much do grain elevators cost to build?

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.

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

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.

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.”

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.

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!

How much does a $50,000 bushel grain bin cost?

ing to one Nebraska dealer, a 50,000-bushel bin with a concrete foundation hits the “sweet spot” at around $2.25 per bushel, depending on the options. While the economy of scale makes a larger bin less expensive, the extra concrete pushes the cost a little higher, up to around $2.50 per bushel in Wolf's case.

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.

For pdfFiller’s FAQs

What is GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

A Grain Elevator Warehouseman's Bond is a legal document that ensures compliance with regulations governing the storage and handling of agricultural products. It provides financial protection to the depositors against potential losses.

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

Individuals or businesses operating grain elevators or warehouses that store agricultural products are typically required to file a Grain Elevator Warehouseman's Bond.

How to fill out GRAIN ELEVATOR WAREHOUSEMAN'S BOND?

To fill out a Grain Elevator Warehouseman's Bond, the applicant must provide necessary information such as the name and address of the warehouseman, the amount of the bond, and details of the surety company providing the bond.

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

The purpose of the Grain Elevator Warehouseman's Bond is to protect the interests of individuals or businesses who deposit grain or other agricultural products in a warehouse. It ensures that these facilities operate fairly and responsibly.

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

The information that must be reported includes the name of the warehouseman, the location of the grain elevator, the amount of the bond, the surety provider, and any relevant licensing or regulatory information.