30-14-216. Pooling of grain prohibited. (1) It is unlawful for any person engaged in the buying, selling, or handling of grain in any public local warehouse in this state or for the local agent in charge of such warehouse or any other agent of the person operating the same to enter into a contract, agreement, or understanding with any other person owning or operating any other public local warehouse at any railway station or with its agent whereby:

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Terms Used In Montana Code 30-14-216

  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Person: includes any person, partnership, firm, corporation, joint-stock company, or other association engaged in business within this state. See Montana Code 30-14-202
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201

(a)the amount of grain to be received or handled by the warehouses at such station is to be equalized or pooled between the warehouses;

(b)the profits or earnings derived from the warehouses are to be divided, pooled, or apportioned in any manner; or

(c)the price to be paid for any kind of grain at such station is to be fixed or in any manner affected.

(2)Each day of the continuance of any such agreement, contract, or understanding constitutes a separate offense.