WAREHOUSE RECEIPTS AND BILLS OFLADING: GENERAL OBLIGATIONS.
§ 25‑7‑401. Irregularities in issue of receipt or bill or conduct of issuer.
The obligations imposed bythis Article on an issuer apply to a document of title even if:
(1) The document doesnot comply with the requirements of this Article or of any other statute, rule,or regulation regarding its issuance, form, or content;
(2) The issuer violatedlaws regulating the conduct of its business;
(3) The goods covered bythe document were owned by the bailee when the document was issued; or
(4) The person issuingthe document is not a warehouse but the document purports to be a warehousereceipt. (1917,c. 37, s. 20; 1919, c. 65, ss. 21, 22; C.S., ss. 303, 304, 4060; 1931, c. 358,s. 1; 1965, c. 700, s. 1; 2006‑112, s. 25.)
WAREHOUSE RECEIPTS AND BILLS OFLADING: GENERAL OBLIGATIONS.
§ 25‑7‑401. Irregularities in issue of receipt or bill or conduct of issuer.
The obligations imposed bythis Article on an issuer apply to a document of title even if:
(1) The document doesnot comply with the requirements of this Article or of any other statute, rule,or regulation regarding its issuance, form, or content;
(2) The issuer violatedlaws regulating the conduct of its business;
(3) The goods covered bythe document were owned by the bailee when the document was issued; or
(4) The person issuingthe document is not a warehouse but the document purports to be a warehousereceipt. (1917,c. 37, s. 20; 1919, c. 65, ss. 21, 22; C.S., ss. 303, 304, 4060; 1931, c. 358,s. 1; 1965, c. 700, s. 1; 2006‑112, s. 25.)
WAREHOUSE RECEIPTS AND BILLS OFLADING: GENERAL OBLIGATIONS.
§ 25‑7‑401. Irregularities in issue of receipt or bill or conduct of issuer.
The obligations imposed bythis Article on an issuer apply to a document of title even if:
(1) The document doesnot comply with the requirements of this Article or of any other statute, rule,or regulation regarding its issuance, form, or content;
(2) The issuer violatedlaws regulating the conduct of its business;
(3) The goods covered bythe document were owned by the bailee when the document was issued; or
(4) The person issuingthe document is not a warehouse but the document purports to be a warehousereceipt. (1917,c. 37, s. 20; 1919, c. 65, ss. 21, 22; C.S., ss. 303, 304, 4060; 1931, c. 358,s. 1; 1965, c. 700, s. 1; 2006‑112, s. 25.)
