The license gives the applicant authority to conduct the business of a warehouseman and is revocable only by the district court of the county in which the warehouse is located, upon the written petition of any person setting forth the particular violation of Sections 56-6-1 through 56-6-11 New Mexico Statutes Annotated, 1978 Compilation or of Sections 50-8-50 through 50-8-55 New Mexico Statutes Annotated, 1953 Compilation, or both, and upon proper procedure and proof, as in other civil cases.
History: Laws 1941, ch. 145, § 7; 1941 Comp., § 53-907; 1953 Comp., § 50-9-7; Laws 1961, ch. 96, § 11-113.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Compiler's notes. — Sections 50-8-50 through 50-8-55 New Mexico Statutes Annotated, 1953 Compilation, referenced in this section, were repealed by Laws 1961, ch. 96, § 10-102.
Cross references. — For special penalty provisions pertaining to warehouse receipts, see 55-7-301 NMSA 1978 et seq.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 78 Am. Jur. 2d Warehouses § 11.
93 C.J.S. Warehousemen and Safe Depositaries § 5.
Structure New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 6 - Warehousing of Agricultural Products
Section 56-6-2 - [License to store agricultural products; issuance upon application; contents; fee.]
Section 56-6-3 - [Bond; filing; approval; conditions; effect of termination.]
Section 56-6-4 - [Numbering of licenses; display.]
Section 56-6-5 - [Insurance required.]
Section 56-6-6 - [Action for breach of obligation secured by bond.]
Section 56-6-7 - [Revocation of license; procedure.]
Section 56-6-8 - [Negotiable receipts to bear endorsement regarding insurance.]
Section 56-6-9 - [Issuance of receipts without complying with act; penalty.]
Section 56-6-10 - [Exemption of farmer's marketing associations.]