7 Agriculture 7 1998-01-01 1998-01-01 false Receipts; return and cancellation. 738.23 Section 738.23 REGULATIONS FOR WAREHOUSES WOOL WAREHOUSES Warehouse Receipts
ยง 738.23 Receipts; return and cancellation.

Except as permitted by law or by the regulations in this part a warehouseman shall not deliver wool for which he has issued a negotiable receipt until such receipt has been returned to him and canceled, and shall not deliver wool for which he has issued his nonnegotiable receipt until such receipt has been returned to him or he has obtained from the person lawfully entitled to such delivery or his authorized agent a written order for delivery and a signed acknowledgment thereof. Such order shall specify the receipt involved, the grade of the wool if stated on the receipt, and the amount of wool to be delivered.