[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: 7CFR742.49]

[Page 368]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 742--COTTONSEED WAREHOUSES--Table of Contents
 
Sec. 742.49  Removal from storage.

    Except as may be permitted by law or the regulations in this part, a 
licensed warehouseman shall not remove any cottonseed for storage from 
the licensed warehouse or the part thereof designated in the receipt, if 
by such removal the insurance thereon will be impaired, without first 
obtaining the consent in writing of the holder of the receipt, and 
endorsing on such receipt the fact of such removal. Under no 
circumstances, unless it becomes absolutely necessary to protect the 
interests of holders of receipts, shall cottonseed be removed from the 
licensed warehouse, and immediately upon any such removal the 
warehouseman shall notify the Administrator of such removal and the 
necessity therefor.

[SRA, BAE 102; 13 FR 8731, Dec. 30, 1948; 19 FR 57, Jan. 6, 1954. 
Redesignated at 50 FR 1814, Jan. 14, 1985. Reinstated at 62 FR 33339, 
June 19, 1997]

    Editorial Note: Section 742.49 was erroneously omitted in the Jan. 
1, 1995, through Jan. 1, 1997, revisions of the CFR.