Warehouse Receipts.
Section 14
SEC. 14. Warehouse Receipts. — For purposes of this Act, a warehouse receipt issued by a warehouseman for rice or corn or other grains to the depositor thereof shall be on forms provided by the Administration, and its issuance by the warehouseman shall be in accordance with the rules and regulations and procedures prescribed by the Administration. A negotiable warehouse receipt for rice or corn or other grains shall be printed, serially numbered, on security notepaper, in specific quantity in denominations of 5, 10, 20, 50 or 100 cavans, contain the name and business address of the warehouseman, the variety, classification, moisture content and quality of the grain deposited, the warranties of the warehouseman prescribed by existing laws, and the charges and authorized liens on the stocks in deposit.