Minnesota Administrative Rules

1550.2140 UNIFORM RECEIPTS.

Every cold storage warehouse operator receiving goods in storage shall issue for all such a receipt embodying within its written or printed forms the following essential terms:

A.

The location of the warehouse where the goods are stored.

B.

The date of issue of the receipt.

C.

The consecutive number of the receipt.

D.

A statement whether the goods received will be delivered to the bearer, to a specified person, or to a specified person or the order of the specified person.

E.

The rate of storage charges.

F.

A description of the goods or of the packages containing them.

G.

The signature of the operator, which may be made by an authorized agent.

H.

If the receipt is issued for goods of which the operator is owner, either solely or jointly or in common with others, the fact of such ownership.

I.

In the case of a negotiable receipt, a statement of the amount of advances made and liabilities incurred for which the operator claims a lien. If the precise amount of such advances made or of such liabilities incurred is, at the time of the issue of the receipt, unknown to the operator or to the agent who issues it, a statement of the fact that advances have been made or liabilities incurred and the purpose thereof is sufficient.

J.

Cold storage warehouse operators must keep on file in their office duplicates or stubs of all warehouse receipts furnished.

Statutory Authority:

MS s 28.13

History:

17 SR 1279

Published Electronically:

September 23, 2013