14.063 – TERMINATION OF STORAGE. (a) A warehouse operator
Texas Agriculture Code § 14.063
Summary
This law outlines the process for warehouse operators to terminate the storage of grain, including abandoned or unclaimed grain. It specifies that operators must follow certain sections of the Business & Commerce Code but allows them to transfer proceeds directly to the comptroller instead of holding them.
Warehouse operators can terminate grain storage under specific conditions.
Operators must follow Business & Commerce Code Sections 7.206 and 7.210.
Proceeds from sales can be transferred to the comptroller.
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In simple terms: Learn about Texas's TERMINATION OF STORAGE. (a) A warehouse operator law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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