Tennessee Statutes
§ 59-13-136 — Interests in warehousing corporations
Tennessee·Title 59
If such corporations are warehousing corporations, they may issue legal warehouse receipts to the association against the commodities delivered by it, or to any other person and such legal warehouse receipts shall be considered as adequate collateral to the extent of the usual and current value of the commodity represented. In case such warehouse is licensed or licensed and bonded under the laws of this or any other state or the United States, its warehouse receipt delivered to the association on commodities of the association or its members, or delivered by the association or its members, shall not be challenged or discriminated against because of ownership or control, wholly or in part, by the association.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 59-13-136 (Interests in warehousing corporations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1984, ch. 864, § 38.
Nearby Sections
15
§ 59-1-104
License - Fee§ 59-1-105
Failure to obtain license§ 59-10-101
Interstate Mining Compact§ 59-10-104
Commissioner of environment and conservation or designee to be official representative of governor§ 59-11-102
Recordkeeping - Disputes - Settlement§ 59-11-103
Improper weighing or measuring - Penalty§ 59-11-104
Payment of checkweigher§ 59-12-101
§ 59-12-101