234.27 UNIFORM COMMERCIAL CODE TO APPLY.
The provisions of article 7 of the Uniform Commercial Code relative to the negotiation,
transfer, sale, or endorsement of warehouse receipts, apply, to the extent possible, to the
negotiation, transfer, sale, or endorsement of certificates under this chapter.
For the purpose of application of the Uniform Commercial Code:
(a) A certificate authorized by the department which evidences the storing of grain under this
chapter is a document of title as defined in section
336.1-201(b)(16).
(b) A person who has title to and possession of grain stored under this chapter is a warehouse
as defined in section
336.7-102(a)(3).
History: (5077-41) 1935 c 65 s 27; 1965 c 812 s 8; 1981 c 261 s 17; 1986 c 444; 1989 c
197 art 4 s 1; 2004 c 162 art 3 s 7; art 6 s 1