49-43-48. Receipt to be obtained at or before delivery of goods from warehouse--Violation as misdemeanor.
85 words·~1 min read·
/sd/title-49/chapter-49-43/49-43-48A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any grain warehouse operator, or any officer, agent, or employee, who delivers goods out of the possession of the grain warehouse, knowing that a negotiable receipt, the negotiation of which would transfer the right to the possession of such goods, is outstanding and uncanceled, without obtaining the possession of the receipt at or before the time of the delivery, except in the cases provided for in subdivisions 57A-7-206(1) to (3), inclusive, subdivisions 57A-7-210(1) and (2), and subdivision 57A-7-601(1), is guilty of a Class 1 misdemeanor.