When warehouse receipts for products are pledged as securities in any State bank under examination the examiner of such bank may go upon the premises of the person issuing the receipts, question the management under oath and, if thought necessary, have the actual product exhibited to him.
S.C. Code Ann. § 34-13-100
Investigation of security consisting of warehouse receipts
1962 Code SECTION 8-230; 1952 Code SECTION 8-230; 1942 Code SECTION 7858; 1932 Code SECTION 7872; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.