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705. INSURANCE

Product covered by warehouse receipts tendered for delivery must be insured against the contingencies   provided for in a standard "All Risks" policy (including earthquake) to such an extent and in such amounts as required by the Exchange. It shall be the duty of the operators of all regular warehouses to furnish the Exchange with either a copy of the current insurance policy or policies, or a written confirmation from the insurance company that such insurance has been effected. (11/29/07)




 
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