Public warehousemen to give bond.

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Effective - 28 Aug 1985

415.030. Public warehousemen to give bond. — The person or persons receiving a license under the provisions of sections 415.010 to 415.050 shall annually file with the clerk of the court granting the same, a surety bond executed by a surety corporation authorized to do business in this state, or a bond with good and sufficient security running to the people of the state of Missouri, to be approved by the court, in the penal sum of twenty-five thousand dollars, or a legal liability insurance policy in the penal sum of twenty-five thousand dollars conditioned for the faithful performance of his or their duties as a public warehouseman or warehousemen, and as security for the payment of all penalties and damages found and adjudged against such warehouseman or warehousemen by due course of law, for the violation of any clause of sections 415.010 to 415.050, and his or their full and unreserved compliance with the laws of this state in relation thereto.

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(RSMo 1939 § 15478, A.L. 1985 H.B. 204)

Prior revisions: 1929 § 14354; 1919 § 13452; 1909 § 11948


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