South Dakota § 49-43-1 Grain delivered to warehouse considered stored--Other arrangements--Settlement.

South Dakota Statutes

§ 49-43-1 — Grain delivered to warehouse considered stored--Other arrangements--Settlement.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-42A PUBLIC GRAIN WAREHOUSES

Any grain delivered to a public grain warehouse shall be considered stored at the time of delivery unless an arrangement has been made with the public grain warehouse operator prior to or at the time of delivery to apply the grain on contract, for shipment or consignment, or for cash sale. Grain may be held in open storage, a grain bank account, or placed on a warehouse receipt. The warehouse shall issue a scale ticket for any grain received by the warehouse. The warehouse shall keep sufficient grain inventory to cover all stored grain. Settlement for all grain stored or sold shall be made immediately on demand by the owner.

Free access — add to your briefcase to read the full text and ask questions with AI

Any grain delivered to a public grain warehouse shall be considered stored at the time of delivery unless an arrangement has been made with the public grain warehouse operator prior to or at the time of delivery to apply the grain on contract, for shipment or consignment, or for cash sale. Grain may be held in open storage, a grain bank account, or placed on a warehouse receipt. The warehouse shall issue a scale ticket for any grain received by the warehouse. The warehouse shall keep sufficient grain inventory to cover all stored grain. Settlement for all grain stored or sold shall be made immediately on demand by the owner.

South Dakota § 49-43-1 (Grain delivered to warehouse considered stored--Other arrangements--Settlement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.