§ 106-451.21. Delivery of products stored on demand; conditions to delivery. - North Carolina Statutes

§ 106‑451.21. Delivery of products stored on demand; conditions to delivery.

A warehouseman conducting a warehouse licensed under this Article, inthe absence of some lawful excuse, shall, without unnecessary delay, deliverthe cotton stored therein upon a demand made either by the holder of a receiptfor such cotton or by the depositor thereof if such demand be accompanied with(a)  an offer to satisfy the warehouseman's lien; (b)  an offer to surrenderthe receipt, if negotiable, with such endorsements as would be necessary forthe negotiation of the receipt; and (c)  a readiness and willingness to sign,when the cotton is delivered, an acknowledgment that it has been delivered ifsuch signature is requested by the warehouseman. (1987, c. 840, s. 1.)