75-44-57 - Delivery of grain pursuant to negotiable and nonnegotiable warehouse receipts.
§ 75-44-57. Delivery of grain pursuant to negotiable and nonnegotiable warehouse receipts.
A grain warehouseman shall not deliver grain for which he has issued a negotiable receipt until the receipt has been returned to him and cancelled, and shall not deliver grain for which he has issued a nonnegotiable receipt until he has received authority from the person lawfully entitled to such delivery, or his authorized agent.
Sources: Laws, 1977, ch. 409, § 29; Laws, 1981, ch. 354, § 25, eff from and after July 1, 1981.