South Dakota Statutes

§ 49-43-2 — Delivery constitutes bailment rather than sale.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-42A PUBLIC GRAIN WAREHOUSES
If any grain is delivered to any person doing a public grain warehouse business in this state and is held in open storage, in a grain bank account, or placed on a warehouse receipt, the delivery is a bailment and not a sale of the grain.

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South Dakota § 49-43-2 (Delivery constitutes bailment rather than sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 60.0315; SL 1985, ch 376, § 24; SL 2008, ch 249, § 3.

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