[Code of Federal Regulations]
[Title 7, Volume 7, Parts 700 to 899]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR736.25]

[Page 252]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 736--GRAIN WAREHOUSES--Table of Contents
 
Sec. 736.25  Nonnegotiable receipts.

    Each person to whom a nonnegotiable receipt is issued shall furnish 
the warehouseman with a statement in writing indicating the person or 
persons having power to authorize delivery of grain covered by such 
receipt, together with the bona fide signature of such person or 
persons. No licensed warehouseman shall honor an order for the release 
of grain covered by a nonnegotiable receipt until he has first 
ascertained that the person issuing the order has authority to order 
such release, and that the signature of the releasing party is genuine.