75-44-63 - Sale or pledge of warehouse receipts. - Mississippi Statutes

§ 75-44-63. Sale or pledge of warehouse receipts.
 

A grain warehouseman may make a valid sale or pledge of any warehouse receipts issued for grain of which the warehouseman is the owner, either solely or jointly or in common with others, and the recital of ownership in the receipt shall constitute notice of the right to sell or pledge the same and of the title or specific lien of the transferee or pledgee upon the warehouseman's grain represented by the receipts. 
 

Sources: Laws,  1977, ch. 409, § 32; Laws, 1981, ch. 354, § 27, eff from and after July 1, 1981.