Statutes, codes, and regulations
North Dakota Administrative Code
Title 69 - Public Service CommissionArticle 69-07 - Public Warehousing and Roving Grain and Hay Buyers Division
Chapter 69-07-03 - Records and Receipts
Section 69-07-03-09 - Collateral warehouse receipts

N.D. Admin. Code 69-07-03-09

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Current through Supplement No. 393, July, 2024
Section 69-07-03-09 - Collateral warehouse receipts

A warehouseman may not issue a warehouse receipt to secure financing or for other security interests unless the grain represented by that receipt is owned by the warehouse.

N.D. Admin Code 69-07-03-09

Effective February 1, 1994.

General Authority: NDCC 60-02-03

Law Implemented: NDCC 60-02-03