§ 10-4-33 - Duty of persons accepting warehouse receipts to take adequate measures regarding goods - Georgia Statutes

State Codes and Statutes

Statutes > Georgia > Title-10 > Chapter-4 > Article-1 > 10-4-33

O.C.G.A. 10-4-33 (2010)
10-4-33. Duty of persons accepting warehouse receipts to take adequate measures regarding goods

This article shall not relieve any person, including, but not limited to, any bank, savings and loan, or other financial lending institution, that requires, solicits, or otherwise accepts warehouse receipts issued in accordance with this article as collateral or security for a debt, account, promissory note, or any type of loan from any duty otherwise imposed to take necessary and reasonable adequate measures to ensure that the goods represented by the warehouse receipts are present and accounted for and are in suitable condition.

State Codes and Statutes

Statutes > Georgia > Title-10 > Chapter-4 > Article-1 > 10-4-33

O.C.G.A. 10-4-33 (2010)
10-4-33. Duty of persons accepting warehouse receipts to take adequate measures regarding goods

This article shall not relieve any person, including, but not limited to, any bank, savings and loan, or other financial lending institution, that requires, solicits, or otherwise accepts warehouse receipts issued in accordance with this article as collateral or security for a debt, account, promissory note, or any type of loan from any duty otherwise imposed to take necessary and reasonable adequate measures to ensure that the goods represented by the warehouse receipts are present and accounted for and are in suitable condition.

State Codes and Statutes

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State Codes and Statutes

Statutes > Georgia > Title-10 > Chapter-4 > Article-1 > 10-4-33

O.C.G.A. 10-4-33 (2010)
10-4-33. Duty of persons accepting warehouse receipts to take adequate measures regarding goods

This article shall not relieve any person, including, but not limited to, any bank, savings and loan, or other financial lending institution, that requires, solicits, or otherwise accepts warehouse receipts issued in accordance with this article as collateral or security for a debt, account, promissory note, or any type of loan from any duty otherwise imposed to take necessary and reasonable adequate measures to ensure that the goods represented by the warehouse receipts are present and accounted for and are in suitable condition.