[Code of Federal Regulations]
[Title 7, Volume 7]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR740.24]

[Page 329]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 740--NUT WAREHOUSES--Table of Contents
 
Sec. 740.24  Authority for delivery of nuts on 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 nuts 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 nuts 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: 
Provided, That if the holder of such nonnegotiable receipts agrees in 
writing to hold blameless both the warehouseman and bondsman for any 
loss that might result from improper delivery through receipt of an 
unauthorized telegram, deliveries may be made on receipt of telegraphic 
orders to be followed immediately with usual confirmation order.

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