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233.06 GRAIN STORED IN SEPARATE BINS.
At the request of the owner or consignee, a warehouse operator shall store grain of an owner
or consignee in separate bins bearing the name of the owner or consignee. The warehouse operator
shall issue to the owner or consignee, distinguishing whether owner or consignee, a warehouse
receipt or receipts for all or any part of the grain. Every warehouse receipt must contain the name
of the owner or consignee and state the amount, kind, and grade of grain for which the receipt
is issued and that the grain of the owner or consignee is stored separately from the grain of any
other owner or consignee. The warehouse operator shall, on presentation and surrender of the
warehouse receipt bearing the proper endorsement of the person to whom it was issued, deliver
to the person surrendering the receipt the amounts of the same grain demanded and of the same
grade as called for by receipt. The warehouse operator, at the request of the owner or consignee,
shall clean, dry, mix or otherwise improve the condition or value of the grain, and it must be
delivered separately from the grain of any other owner or consignee upon the order of the owner
or consignee, in accordance with the terms of the warehouse receipt issued for it and endorsed
by the owner or consignee. A special bin receipt, at the request of the owner or consignee, may
have printed or stamped on it the words "nonnegotiable" and the delivery of the identical grain
described in it must be a sufficient delivery and satisfaction of the receipt.
History: (5022) 1923 c 201 s 7; 1939 c 285 s 2; 1986 c 444; 1989 c 197 art 3 s 1

Official Publication of the State of Minnesota
Revisor of Statutes