[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: 7CFR742.40]

[Page 368]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 742--COTTONSEED WAREHOUSES--Table of Contents
 
Sec. 742.40  Delivery of cottonseed; conditions.

    Except as may be provided by law or the regulations in this part, 
each licensed warehouseman, (a) upon proper presentation of a receipt 
for any bulk, other than specially binned cottonseed, and upon payment 
or tender of all advances and legal charges, shall deliver to such 
depositor or lawful holder of such receipt cottonseed of the grade and 
quantity specified in such receipt, after making due allowance for 
shrinkage as provided in the regulations in this part, and (b) upon 
proper presentation of a receipt for any cottonseed the identity of 
which was to have been preserved during the storeage period, and upon 
payment or tender of all advances and legal charges, shall deliver to 
the person lawfully entitled thereto, the identical cottonseed stored in 
his licensed warehouse.