§ 106-451.21. Delivery of products stored on demand; conditions to delivery.
§ 106‑451.21. Delivery of products stored on demand; conditions to delivery.
A warehouseman conducting a warehouse licensed under this Article, inthe absence of some lawful excuse, shall, without unnecessary delay, deliverthe cotton stored therein upon a demand made either by the holder of a receiptfor such cotton or by the depositor thereof if such demand be accompanied with(a) an offer to satisfy the warehouseman's lien; (b) an offer to surrenderthe receipt, if negotiable, with such endorsements as would be necessary forthe negotiation of the receipt; and (c) a readiness and willingness to sign,when the cotton is delivered, an acknowledgment that it has been delivered ifsuch signature is requested by the warehouseman. (1987, c. 840, s. 1.)