Collin Texas Warehouse Receipt for Grain

• Category: Small Business - Accounting and Finance - Receipts
• State: Multi-State
• County: Collin
• Control #: US-0089BG
• Format: Word; Rich Text

Description

A warehouse receipt is a document that provides proof of ownership of commodities (e.g., bars of copper) that are stored in a warehouse, vault, or depository for safekeeping. Warehouse receipts may be negotiable or non-negotiable. Negotiable warehouse receipts allow transfer of ownership of that commodity without having to deliver the physical commodity. Most warehouse receipts are issued in negotiable form, making them eligible as collateral for loans. Non-negotiable receipts must be endorsed upon transfer. In the United States, warehouse receipts are generally regulated by Article 7 of the Uniform Commercial Code as adopted by the various jurisdictions. Collin Texas Warehouse Receipt for Grain is a legal document that serves as proof of ownership and storage of grain commodities in the Collin County, Texas area. This receipt is issued by a licensed warehouse operator and ensures that the grain is stored securely and in compliance with all relevant regulations. The Collin Texas Warehouse Receipt for Grain contains various details, including: 1. Warehouse Operator Information: The receipt provides the name, address, and contact details of the licensed warehouse operator responsible for storing the grain. 2. Warehouse Location: It mentions the exact location where the grain is stored to facilitate easy retrieval and monitoring. 3. Unique Receipt Number: Each receipt is assigned a unique identification number, enabling easy tracking and verification of ownership. 4. Grain Type and Quantity: The document specifies the type and quantity of grain being stored, ensuring clarity and transparency. 5. Quality Information: If required, the receipt may include information on the quality, grade, and condition of the grain. This is particularly important for buyers and sellers to assess the value and suitability of the stored grain. 6. Storage Fees and Charges: The receipt outlines the storage fees applicable for the specific period and any additional charges for services provided by the warehouse operator. 7. Transferability: Depending on the type of warehouse receipt, it may indicate whether the ownership of the grain can be transferred to another party or if it is non-negotiable. Different types of Collin Texas Warehouse Receipt for Grain include: 1. Negotiable Warehouse Receipt: This type allows the owner to transfer the ownership of the stored grain to another party via endorsement, much like a negotiable instrument. 2. Non-Negotiable Warehouse Receipt: These receipts do not permit the transfer of grain ownership and are typically issued for non-commercial storage purposes or when the grain is meant solely for personal use. In conclusion, a Collin Texas Warehouse Receipt for Grain is a valuable legal document that provides proof of ownership and storage of grain commodities within Collin County, Texas. It ensures that grain is stored securely, facilitates easy tracking, and enables proper assessment of its quantity and quality.

Collin Texas Warehouse Receipt for Grain is a legal document that serves as proof of ownership and storage of grain commodities in the Collin County, Texas area. This receipt is issued by a licensed warehouse operator and ensures that the grain is stored securely and in compliance with all relevant regulations. The Collin Texas Warehouse Receipt for Grain contains various details, including: 1. Warehouse Operator Information: The receipt provides the name, address, and contact details of the licensed warehouse operator responsible for storing the grain. 2. Warehouse Location: It mentions the exact location where the grain is stored to facilitate easy retrieval and monitoring. 3. Unique Receipt Number: Each receipt is assigned a unique identification number, enabling easy tracking and verification of ownership. 4. Grain Type and Quantity: The document specifies the type and quantity of grain being stored, ensuring clarity and transparency. 5. Quality Information: If required, the receipt may include information on the quality, grade, and condition of the grain. This is particularly important for buyers and sellers to assess the value and suitability of the stored grain. 6. Storage Fees and Charges: The receipt outlines the storage fees applicable for the specific period and any additional charges for services provided by the warehouse operator. 7. Transferability: Depending on the type of warehouse receipt, it may indicate whether the ownership of the grain can be transferred to another party or if it is non-negotiable. Different types of Collin Texas Warehouse Receipt for Grain include: 1. Negotiable Warehouse Receipt: This type allows the owner to transfer the ownership of the stored grain to another party via endorsement, much like a negotiable instrument. 2. Non-Negotiable Warehouse Receipt: These receipts do not permit the transfer of grain ownership and are typically issued for non-commercial storage purposes or when the grain is meant solely for personal use. In conclusion, a Collin Texas Warehouse Receipt for Grain is a valuable legal document that provides proof of ownership and storage of grain commodities within Collin County, Texas. It ensures that grain is stored securely, facilitates easy tracking, and enables proper assessment of its quantity and quality.