49-42A-1
Public storage warehouse defined.
49-42A-2 to 49-42A-7. Repealed.
49-42A-8
All property to be insured by public storage warehouse--Exception--Violation as
misdemeanor.
49-42A-1. Public storage warehouse defined.
A public storage warehouse is a public warehouse where any personal property except grain, as defined in subdivision 49-45-1.1(2), is received for storage for hire and that generates more than five thousand dollars in gross income from storage for hire per calendar year. A public storage warehouse does not include self- storage units where the depositor's personal property is kept separate from the personal property of other depositors.
Source: SL 1985, ch 376, § 10; SL 1986, ch 397, § 1; SL 1996, ch 277, § 6; SL 2008, ch 248, § 1.
49-42A-8. All property to be insured by public storage warehouse--Exception--Violation as misdemeanor.
Unless other insurance coverage is agreed to in writing by the depositor, a public storage warehouse shall keep all personal property of depositors fully insured against loss by fire, windstorm, and extended coverage risks. Failure to keep insurance in place is a Class 1 misdemeanor.
Source: SL 2008, ch 248, § 2.
