Form of warehouse receipt--essential terms--optional terms.
400.7-202. (1) A warehouse receipt need not be in anyparticular form.
(2) Unless a warehouse receipt embodies within its writtenor printed terms each of the following, the warehouseman isliable for damages caused by the omission to a person injuredthereby:
(a) the location of the warehouse where the goods arestored;
(b) the date of issue of the receipt;
(c) the consecutive number of the receipt;
(d) a statement whether the goods received will be deliveredto the bearer, to a specified person, or to a specified person orhis order;
(e) the rate of storage and handling charges, except thatwhere goods are stored under a field warehousing arrangement astatement of that fact is sufficient on a nonnegotiable receipt;
(f) a description of the goods or of the packages containingthem;
(g) the signature of the warehouseman, which may be made byhis authorized agent;
(h) if the receipt is issued for goods of which thewarehouseman is owner, either solely or jointly or in common withothers, the fact of such ownership; and
(i) a statement of the amount of advances made and ofliabilities incurred for which the warehouseman claims a lien orsecurity interest (section 400.7-209). If the precise amount ofsuch advances made or of such liabilities incurred is, at thetime of the issue of the receipt, unknown to the warehouseman orto his agent who issues it, a statement of the fact that advanceshave been made or liabilities incurred and the purpose thereof issufficient.
(3) A warehouseman may insert in his receipt any other termswhich are not contrary to the provisions of this chapter and donot impair his obligation of delivery (section 400.7-403) or hisduty of care (section 400.7-204). Any contrary provisions shallbe ineffective.
Form of warehouse receipt--essential terms--optional terms.
400.7-202. (1) A warehouse receipt need not be in anyparticular form.
(2) Unless a warehouse receipt embodies within its writtenor printed terms each of the following, the warehouseman isliable for damages caused by the omission to a person injuredthereby:
(a) the location of the warehouse where the goods arestored;
(b) the date of issue of the receipt;
(c) the consecutive number of the receipt;
(d) a statement whether the goods received will be deliveredto the bearer, to a specified person, or to a specified person orhis order;
(e) the rate of storage and handling charges, except thatwhere goods are stored under a field warehousing arrangement astatement of that fact is sufficient on a nonnegotiable receipt;
(f) a description of the goods or of the packages containingthem;
(g) the signature of the warehouseman, which may be made byhis authorized agent;
(h) if the receipt is issued for goods of which thewarehouseman is owner, either solely or jointly or in common withothers, the fact of such ownership; and
(i) a statement of the amount of advances made and ofliabilities incurred for which the warehouseman claims a lien orsecurity interest (section 400.7-209). If the precise amount ofsuch advances made or of such liabilities incurred is, at thetime of the issue of the receipt, unknown to the warehouseman orto his agent who issues it, a statement of the fact that advanceshave been made or liabilities incurred and the purpose thereof issufficient.
(3) A warehouseman may insert in his receipt any other termswhich are not contrary to the provisions of this chapter and donot impair his obligation of delivery (section 400.7-403) or hisduty of care (section 400.7-204). Any contrary provisions shallbe ineffective.
Form of warehouse receipt--essential terms--optional terms.
400.7-202. (1) A warehouse receipt need not be in anyparticular form.
(2) Unless a warehouse receipt embodies within its writtenor printed terms each of the following, the warehouseman isliable for damages caused by the omission to a person injuredthereby:
(a) the location of the warehouse where the goods arestored;
(b) the date of issue of the receipt;
(c) the consecutive number of the receipt;
(d) a statement whether the goods received will be deliveredto the bearer, to a specified person, or to a specified person orhis order;
(e) the rate of storage and handling charges, except thatwhere goods are stored under a field warehousing arrangement astatement of that fact is sufficient on a nonnegotiable receipt;
(f) a description of the goods or of the packages containingthem;
(g) the signature of the warehouseman, which may be made byhis authorized agent;
(h) if the receipt is issued for goods of which thewarehouseman is owner, either solely or jointly or in common withothers, the fact of such ownership; and
(i) a statement of the amount of advances made and ofliabilities incurred for which the warehouseman claims a lien orsecurity interest (section 400.7-209). If the precise amount ofsuch advances made or of such liabilities incurred is, at thetime of the issue of the receipt, unknown to the warehouseman orto his agent who issues it, a statement of the fact that advanceshave been made or liabilities incurred and the purpose thereof issufficient.
(3) A warehouseman may insert in his receipt any other termswhich are not contrary to the provisions of this chapter and donot impair his obligation of delivery (section 400.7-403) or hisduty of care (section 400.7-204). Any contrary provisions shallbe ineffective.
