N.D. Cent. Code § 4.1-58-20
This is the official text of N.D. Cent. Code § 4.1-58-20, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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4.1-58-20. Covenant against liens may be inserted in warehouse receipt
Official statutory text
4.1-58-20. Covenant against liens may be inserted in warehouse receipt
A public warehouseman also may insert in the warehouse receipt the following provision:
If any of the grain embraced in this receipt proves to be covered by a chattel mortgage
or other lien, or the partial or absolute title proves to be in someone other than the
person to whom this receipt was issued, the same, if discovered before the delivery of
the grain, is sufficient reason for the refusal to deliver to the holder of the receipt, or if
discovered after the delivery of the grain, the delivery is deemed an additional delivery
for which the holder of this receipt, to whom the delivery is made, is accountable.
A public warehouseman also may insert in the warehouse receipt the following provision:
If any of the grain embraced in this receipt proves to be covered by a chattel mortgage
or other lien, or the partial or absolute title proves to be in someone other than the
person to whom this receipt was issued, the same, if discovered before the delivery of
the grain, is sufficient reason for the refusal to deliver to the holder of the receipt, or if
discovered after the delivery of the grain, the delivery is deemed an additional delivery
for which the holder of this receipt, to whom the delivery is made, is accountable.
Status: in_force · Read it on the official government site
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