Section 8-15-18 Insurance of stored cotton and other raw agricultural commodities.
Section 8-15-18
Insurance of stored cotton and other raw agricultural commodities.
The Commissioner of Agriculture and Industries shall have power to require that all bales of cotton or other raw agricultural commodities, accepted for storage by a public warehouseman, other than cotton moving in transit to a compress to be compressed, shall be insured against destruction, damage by fire, and other hazards, or perils that could be incurred by such warehouseman, unless otherwise instructed in writing by the bailor.
(Ag. Code 1927, §406; Acts 1939, No. 443, p. 586; Code 1940, T. 2, §585; Acts 1981, No. 81-693, p. 1165, §2.)