The holder of an unconverted scale ticket or other comparable receipt issued by any
facility-based grain buyer shall have a first lien, to the extent of the value of
the grain at the time of loss at the place where held, on all insurance of the grain
buyer for any loss sustained by the receiptholder, on account of the loss of such
grain by fire, tornado, or any other cause covered by such insurance policy.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.