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234.12 Owner to exercise reasonable care.

No term or condition may be inserted in a certificate, whether negotiable or otherwise, that purports to relieve the owner from exercising that degree of care in the safekeeping of the grain in storage a reasonably prudent person would exercise with regard to similar property that person owns.

HIST: (5077-26) 1935 c 65 s 12; 1986 c 444; 1989 c 197 art 4 s 1

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Revisor of Statutes