No warranty implied from accepting payment of a debt.

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34-286. No warranty implied from accepting payment of a debt.
A mortgagee, or pledgee, or holder for security, of a receipt who in good faith demands or receives payment of the debt for which such receipt is security whether from a party to a draft drawn for such debts, or from any other person, shall not by so doing be deemed to represent or to warrant the genuineness of such receipt or the quantity or quality of the grain therein described.

History: L. 1931, ch. 194, § 64; July 1.


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