S.D. Codified Laws § 49-43-2

Current through the 2024 Legislative Session

Section 49-43-2 - Delivery constitutes bailment rather than sale

If any grain is delivered to any person doing a public grain warehouse business in this state and is held in open storage, in a grain bank account, or placed on a warehouse receipt, the delivery is a bailment and not a sale of the grain.

SDCL 49-43-2

SDC 1939, § 60.0315; SL 1985, ch 376, § 24; SL 2008, ch 249, §3.