34-279. Transfer of receipt.

34-279

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

      34-279.   Transfer of receipt.A receipt which is not in such form that it can be negotiated bydelivery may be transferred by the holder by delivery to a purchaser ordonee. A nonnegotiable receipt cannot be negotiated, and the endorsement ofsuch a receipt gives the transferee no additional right.

      History:   L. 1931, ch. 194, § 57; July 1.