2005 North Carolina Code - General Statutes § 106-451.19. Contents of receipts.

§ 106‑451.19.  Contents of receipts.

Every receipt issued for cotton stored in a warehouse licensed under this Article shall embody within its written or printed terms:

(1)       The location of the warehouse in which the cotton is stored;

(2)       The date of issue of the receipt;

(3)       The consecutive number of the receipt;

(4)       A statement whether the cotton received will be delivered to the bearer, to a specified person, or to a specified person or his order;

(5)       The rate of storage charges;

(6)       A description of the cotton received, showing the quantity thereof and a description of each bale by mark, number, or other means of identification and the weight of each bale;

(7)       The grade or other classification of the cotton received and the standard or description in accordance with which such classification has been made;

(8)       A statement that the receipt is issued subject to this Article and the rules and regulations prescribed hereunder;

(9)       If the receipt be issued for cotton of which the warehouseman is owner, either solely or jointly or in common with others, the fact of such ownership;

(10)     A statement of the amount of advances made and of liabilities incurred for which the warehouseman claims a lien; and

(11)     Signature of the warehouseman, which may be made by his authorized agent. (1987, c. 840, s. 1.)