34-276. Effect of sale.

34-276

Chapter 34.--GRAIN AND FORAGE
Article 2.--INSPECTING, SAMPLING, STORING, WEIGHING AND GRADING GRAIN; TERMINAL AND LOCAL WAREHOUSES

      34-276.   Effect of sale.After the grain has been lawfully sold to satisfy warehouseman's lien,or has been lawfully sold or disposed of for any other cause, thewarehouseman shall not thereafter be liable for failure to deliver thegrain to the depositor or owner of the grain, or to a holder of a receiptgiven for the grain when it was deposited, even if such receipt benegotiable. After such lawful sale, the proceeds of such sale, afterdeducting any lawful liens, shall be held for the benefit of the owner, orthe holder of the receipt or receipts.

      History:   L. 1931, ch. 194, § 54; July 1.