No warehouse receipt may be issued by a public grain warehouse except upon actual delivery of grain into the warehouse; nor may a receipt be issued for a greater quantity of grain than was actually received; nor may more than one receipt be issued for the same lot of grain, unless receipt for part of a lot is desired, and then the aggregate receipts for a particular lot shall cover that lot and no more. A violation of this section is a Class 1 misdemeanor.

Source: SDC 1939, § 60.0316; SL 1983, ch 15 , § 165; SL 1985, ch 376 , § 36; SL 2008, ch 249 , § 19.