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Title XXVI TRADE AND COMMERCE

Chapter 411

previous next Effective - 02 Apr 1997, see footnotebottom

  411.405.  Grain shipped to terminal warehouse at request of owner — how — grain shipped to other licensed warehouses for storage to cover nonreceipted storage obligations, how. — 1.  At his option a public warehouseman may ship carlots of grain, when requested by the owner to do so, to a specified terminal warehouse within the state without official inspection or the issuing of trust receipts, providing that the identical lot of grain is tendered for shipment.  The transportation of the grain shall be at the owner's risk.  When a warehouse receipt has been issued by the terminal warehouseman receiving the grain, and returned to the public warehouseman, he shall deliver the warehouse receipt to the owner upon payment of freight and all legal charges and upon surrender by the owner of the trust receipt or receipts, if any, issued by the public warehouseman for the grain.

  2.  A licensed warehouseman may ship grain to another state or federally licensed warehouse for storage to cover nonreceipted storage obligations at his licensed facility.  The original warehouseman must have the written approval of the owner of the grain or notify the owner in writing prior to transferring the commodity or the obligation.  Prior written notification may include printed statements on scale tickets or statements made on the schedule of charges required under section 411.268.  The receiving warehouse must be a state licensed facility within the state of Missouri, a warehouse licensed under the United States Warehouse Act, or a facility located outside the state of Missouri licensed by the state where the facility is located if, based upon a determination by the director, that state's requirements are sufficient to protect the integrity of the stored grain.  The transportation of the grain shall be at the original warehouseman's risk.

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(L. 1965 p. 606 § 411.402, A.L. 1997 H.B. 211)

Effective 4-02-97


---- end of effective   02 Apr 1997 ----

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