Indiana § 26-3-7-24 - Duplicate receipts; restriction; requisites; bond
Full text of Indiana Indiana Code § 26-3-7-24 — Duplicate receipts; restriction; requisites; bond, with citation guidance and answers to common questions.
§ 26-3-7-24. Duplicate receipts; restriction; requisites; bond
Sec. 24. While a receipt or ticket issued under this chapter is outstanding and uncancelled by the issuing licensee, no other receipt or ticket shall be issued for the grain or any part of the grain that is covered by the receipt or ticket. However, if a receipt or ticket is lost, stolen, or destroyed the owner of the receipt or ticket is entitled to a new receipt that is a duplicate of the missing receipt or a new ticket that is a substitute for the missing ticket. The duplicate receipt or substitute ticket entitles the owner to all rights appertaining to the document for which it was issued, and shall state that it is in lieu of the former receipt or ticket and give the number and date of the former receipt or ticket. If the missing document was a negotiable receipt, the issuing licensee shall require an indemnity bond of double the market value of the grain covered by the missing receipt in a form and with the surety that the director may prescribe to fully protect all rights under the missing receipt.
Formerly: Acts 1973, P.L.268, SEC.1. As amended by P.L.125-1997, SEC.46.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 26-3-7-24
What does Indiana Code § 26-3-7-24 cover?
Section 26-3-7-24 ("Duplicate receipts; restriction; requisites; bond") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 26-3-7-24?
A common citation format is "Indiana Code § 26-3-7-24" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 26-3-7-24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.