Printable Format34-243. Definition of nonnegotiable receipt. A receipt in which it is stated that the grain received will be delivered to the depositors or to any other specified person is a nonnegotiable receipt.
History: L. 1931, ch. 194, ยง 21; July 1.
CASE ANNOTATIONS
1. Discussed; rights of grain owners under insurance policy required by K.S.A. 34-236 determined. Millers Nat'l Ins. Co. v. Bunds, 158 Kan. 662, 663, 675, 149 P.2d 350.
2. Mentioned; bankruptcy proceedings; warehouse receipts obtained in disregard of act; claim denied. Central States Corp. v. Luther, 215 F.2d 38, 42.