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Chapter 234
Section 234.27
Recent History
- 2012 234.27 Repealed 2012 c 244 art 1 s 83
- 2004 234.27 Amended 2004 c 162 art 6 s 1
- 2004 234.27 Amended 2004 c 162 art 3 s 7
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
Official Publication of the State of Minnesota
Revisor of Statutes