South Dakota § 49-43-20 Division or consolidation of receipts--Cancellation of original receipt--Terms of new receipt.

South Dakota Statutes

§ 49-43-20 — Division or consolidation of receipts--Cancellation of original receipt--Terms of new receipt.

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

If it is desirable to divide one receipt issued by a public grain warehouse into two or more, or if it is desirable to consolidate two or more receipts into one, and the warehouseman consents thereto, the original receipt shall be canceled the same as if the grain had been delivered from storage and the new receipts shall express on their face that they are a part of another receipt or a consolidation of other receipts, as the case may be. The numbers of the original receipt shall also appear upon the new ones issued as explanatory of the change. However, no consolidation of receipts of dates differing more than ten days may be permitted, and all new receipts issued for old ones canceled, as provided in this section, shall bear the same date as those originally issued.

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If it is desirable to divide one receipt issued by a public grain warehouse into two or more, or if it is desirable to consolidate two or more receipts into one, and the warehouseman consents thereto, the original receipt shall be canceled the same as if the grain had been delivered from storage and the new receipts shall express on their face that they are a part of another receipt or a consolidation of other receipts, as the case may be. The numbers of the original receipt shall also appear upon the new ones issued as explanatory of the change. However, no consolidation of receipts of dates differing more than ten days may be permitted, and all new receipts issued for old ones canceled, as provided in this section, shall bear the same date as those originally issued.

South Dakota § 49-43-20 (Division or consolidation of receipts--Cancellation of original receipt--Terms of new receipt.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.