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1997 U.S. Code
Title 7 - AGRICULTURE
CHAPTER 10 - WAREHOUSES
Sec. 262 - Delivery of products stored on demand; conditions to delivery

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Metadata
Publication TitleUnited States Code, 1994 Edition, Supplement 3, Title 7 - AGRICULTURE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 7 - AGRICULTURE
CHAPTER 10 - WAREHOUSES
Sec. 262 - Delivery of products stored on demand; conditions to delivery
Containssection 262
Date1997
Laws in Effect as of DateJanuary 26, 1998
Positive LawNo
Dispositionstandard
Source CreditAug. 11, 1916, ch. 313, pt. C, §21, 39 Stat. 489.
Statutes at Large Reference39 Stat. 489


§262. Delivery of products stored on demand; conditions to delivery

A warehouseman conducting a warehouse licensed under this chapter, in the absence of some lawful excuse, shall, without unnecessary delay, deliver the agricultural products stored therein upon a demand made either by the holder of a receipt for such agricultural products or by the depositor thereof if such demand be accompanied with (a) an offer to satisfy the warehouseman's lien; (b) an offer to surrender the receipt, if negotiable, with such indorsements as would be necessary for the negotiation of the receipt; and (c) a readiness and willingness to sign, when the products are delivered, an acknowledgement that they have been delivered if such signature is requested by the warehouseman.

(Aug. 11, 1916, ch. 313, pt. C, §21, 39 Stat. 489.)

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