South Dakota § 49-43-21 Warehouseman prohibited from denying title of receipt holder.

South Dakota Statutes

§ 49-43-21 — Warehouseman prohibited from denying title of receipt holder.

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

No person doing a grain warehouse business having issued a receipt for the storage of grain as in this chapter provided, may thereafter be permitted to deny that the grain represented by the receipt is the property of the person to whom such receipt was issued or his assigns. Such receipts shall be considered so far as the duties, liabilities, and obligations of such warehouseman are concerned, conclusive evidence of the fact that the person to whom the receipt was issued, or his assigns, is the owner of such grain and is the person entitled to make surrender of such receipt and receive the grain thereby promised to be delivered.

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No person doing a grain warehouse business having issued a receipt for the storage of grain as in this chapter provided, may thereafter be permitted to deny that the grain represented by the receipt is the property of the person to whom such receipt was issued or his assigns. Such receipts shall be considered so far as the duties, liabilities, and obligations of such warehouseman are concerned, conclusive evidence of the fact that the person to whom the receipt was issued, or his assigns, is the owner of such grain and is the person entitled to make surrender of such receipt and receive the grain thereby promised to be delivered.

South Dakota § 49-43-21 (Warehouseman prohibited from denying title of receipt holder.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.