(a) Except as permitted by law or by the rules in this subchapter, a warehouseman shall not deliver grain for which he or she has issued a negotiable receipt until the receipt has been returned to him or her and cancelled. He or she shall not deliver grain for which he or she has issued a nonnegotiable receipt until the receipt has been returned to him or her or until he or she has obtained a written order for the receipt from the person lawfully entitled to the delivery or his or her authorized agent.
(b) Before delivery is made of the last portion of a lot of grain covered by a nonnegotiable receipt, the receipt itself shall be surrendered.
Structure Arkansas Code
Chapter 17 - Warehousing of Grain
Subchapter 2 - Public Warehouses — Generally
§ 2-17-207. License applications
§ 2-17-208. Filing schedule of charges
§ 2-17-211. Issuance or denial of license
§ 2-17-212. Posting of license
§ 2-17-213. Annual license fee
§ 2-17-214. Renewal of license
§ 2-17-215. Suspension, cancellation, or revocation of licenses
§ 2-17-216. Replacement of license
§ 2-17-217. Net assets required
§ 2-17-218. Insurance required
§ 2-17-219. Receipt of tendered grain
§ 2-17-220. Receipts and records
§ 2-17-221. Contents of receipts
§ 2-17-222. Preparation of forms for warehouse receipts
§ 2-17-223. Numbering of receipts
§ 2-17-225. Accuracy of receipts
§ 2-17-226. Duty of warehouseman to deliver grain
§ 2-17-229. Verification of signature
§ 2-17-230. Sale or pledge of receipts
§ 2-17-231. Accepting grain for shipment
§ 2-17-233. Duty to maintain quality of grain
§ 2-17-234. Records to be maintained
§ 2-17-235. Examinations and inspections
§ 2-17-236. Insolvent warehouses