106-451.21. Delivery of products stored on demand; conditions to delivery.
A warehouseman conducting a warehouse licensed under this Article, in the absence of some lawful excuse, shall, without unnecessary delay, deliver the cotton stored therein upon a demand made either by the holder of a receipt for such cotton 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 endorsements as would be necessary for the negotiation of the receipt; and (c) a readiness and willingness to sign, when the cotton is delivered, an acknowledgment that it has been delivered if such signature is requested by the warehouseman. (1987, c. 840, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 38A - Cotton Warehouse Act.
§ 106-451.8 - Board of Agriculture makes rules.
§ 106-451.9 - Commissioner of Agriculture to administer and enforce Article.
§ 106-451.10 - Licensing of warehousemen.
§ 106-451.12 - Action on bond by person injured.
§ 106-451.13 - Suspension and revocation of license.
§ 106-451.14 - License to classify, grade and weigh cotton stored.
§ 106-451.15 - Suspension and revocation of license to classify, grade or weigh.
§ 106-451.16 - Delivery to warehouse presumed for storage.
§ 106-451.17 - Deposit of cotton deemed subject to Article.
§ 106-451.18 - Receipts for cotton stored.
§ 106-451.19 - Contents of receipts.
§ 106-451.20 - Issuance of further receipt with original outstanding.
§ 106-451.21 - Delivery of products stored on demand; conditions to delivery.
§ 106-451.22 - Cancellation of receipt on delivery of cotton stored.
§ 106-451.24 - Examination of books, records, etc., of warehousemen.
§ 106-451.25 - Inspectors to be bonded.
§ 106-451.26 - Liability of officials and employees.
§ 106-451.28 - Violation a misdemeanor; fraudulent or deceptive acts.