A claimant's production to a bankruptcy court of a grain storage receipt or scale ticket as evidence of ownership of a quantity of grain held by the trustee shall be sufficient to establish a prima facie claim of right to possession in such claimant of the quantity, quality, and type of grain specified in such document. In any case where a claimant has placed the original of such document on deposit with any party as collateral for a loan, an affidavit from such party verifying ownership of such receipt or scale ticket by the claimant shall be sufficient to establish a prima facie claim of right to possession in such claimant.
KRS 427.180
Grain storage receipt or scale ticket as prima facie claim of right to possession
Applied in 1 court decision — leading case Harris Trust & Savings Bank v. Wathen's Elevators, Inc. (In Re Wathen's Elevators, Inc.) (1983)
Most recently applied in Harris Trust & Savings Bank v. Wathen's Elevators, Inc. (In Re Wathen's Elevators, Inc.) (September 1983)
Effective: July 15, 1982 History: Created 1982 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.