PART 4. 
WAREHOUSE RECEIPTS AND BILLS OF LADING:



GENERAL
OBLIGATIONS



 



§490:7-401  Irregularities in issue of
receipt or bill or conduct of issuer.  The obligations imposed by this
article on an issuer apply to a document of title even if:



(1)  The document does not comply with the
requirements of this article or of any other statute, rule, or regulation
regarding its issuance, form, or content;



(2)  The issuer violated laws regulating the conduct
of its business;



(3)  The goods covered by the document were owned by
the bailee when the document was issued; or



(4)  The person issuing the document is not a
warehouse but the document purports to be a warehouse receipt. [L 2004, c 163,
pt of §1]