A receipt for lint cotton must be issued under the seal and signature of the Commissioner of Agriculture or his deputy in the name of the State, stating the location of the warehouse, the name of the manager, the tag number on the bale and the weight, grade, and staple to enable delivery on surrender of the receipt of the identical cotton for which it was given. The grade and staple may be omitted at the request of the depositor. The receipt may be issued in bearer or order form.
HISTORY: 1990 Act No. 436, Section 1, eff April 24, 1990.
Structure South Carolina Code of Laws
Chapter 22 - State Warehouse System
Section 39-22-10. Authority to grant licenses; minimum standards to maintain.
Section 39-22-15. "Loss" defined.
Section 39-22-20. Applicants for license, bonding and security requirements.
Section 39-22-30. Department to promulgate regulations.
Section 39-22-40. Term "cotton" to refer to all nonperishable farm products.
Section 39-22-50. Chapter inapplicable to "linters" cotton.
Section 39-22-60. Department to accept federal standards and classifications of cotton.
Section 39-22-70. Receipt of lint cotton.
Section 39-22-90. Prohibited acts; penalties.
Section 39-22-100. State guarantee; limitations.
Section 39-22-110. Required identification tags on bales.
Section 39-22-120. Warehouse insurance requirements.
Section 39-22-130. Inspection of warehouses; inventory.
Section 39-22-140. Sums collected under this chapter must be deposited annually.
Section 39-22-160. Annual report.
Section 39-22-170. State's liability limited.