Commissioner May Negotiate Loans on Receipts and Sale of Stored Cotton

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The state warehouse commissioner may, upon the request of the owner of warehouse receipts, negotiate loans upon the same, or make sale of the cotton on storage, and shall notify the holders of cotton of the steps which will be necessary to avail themselves of aid in obtaining loans upon cotton or making sale thereof.

(Ga. L. 1918, p. 246, § 10; Ga. L. 1920, p. 282, § 1; Code 1933, § 5-313.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 78 Am. Jur. 2d, Warehouses, § 5 et seq.

C.J.S.

- 93 C.J.S., Warehousemen and Safe Depositaries, §§ 5, 6, 7.

ALR.

- Federal crop loans, 1 A.L.R.2d 712.


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