Section 236.06 Grain Bank's Possessory Lien

236.06 GRAIN BANK'S POSSESSORY LIEN.

The operator of a grain bank has a possessory lien against grain represented by a grain bank receipt for all charges and money owed the operator by the owner of the grain as a result of the receiving, storing, processing, and other activities performed by the operator for the owner as part of the grain bank operation. In the event of inconsistency between this section and the Uniform Commercial Code, this section applies.

History:

1961 c 232 s 6; 1965 c 812 s 9; 1989 c 197 art 6 s 1