South Carolina § 39-19-80 - Warehouse receipts issued by corporations formed, owned, or controlled by cooperatives.
Full text of South Carolina South Carolina Code of Laws § 39-19-80 — Warehouse receipts issued by corporations formed, owned, or controlled by cooperatives., with citation guidance and answers to common questions.
§ 39-19-80. Warehouse receipts issued by corporations formed, owned, or controlled by cooperatives.
Any warehousing corporation organized, formed, operated, owned or controlled by an association formed under Chapter 47 of Title 33 or in which any such association shall have an interest, own stock or be a member may issue legal warehouse receipts to the association or to any other person and such legal warehouse receipts shall be considered as adequate collateral to the extent of the current value of the commodity represented thereby. In case a warehouse of such a corporation is licensed or bonded under the laws of this State or the United States its warehouse receipt shall not be challenged or discriminated against because of ownership or control, wholly or in part, by the association.
HISTORY: 1962 Code SECTION 69-8; 1952 Code SECTION 69-8; 1942 Code SECTION 6519; 1932 Code SECTION 6519; Civ. C. '22 SECTION 3423; 1921 (32) 339.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 39-19-80
What does South Carolina Code of Laws § 39-19-80 cover?
Section 39-19-80 ("Warehouse receipts issued by corporations formed, owned, or controlled by cooperatives.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 39-19-80?
A common citation format is "South Carolina Code of Laws § 39-19-80" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 39-19-80 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.