§ 12A-7-201. Persons that may issue a warehouse receipt - Storage under bond.  


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  • Persons That May Issue a Warehouse Receipt; Storage Under Bond.

    (a)  A warehouse receipt may be issued by any warehouse.

    (b)  If goods, including distilled spirits and agricultural commodities, are stored under a statute requiring a bond against withdrawal or a license for the issuance of receipts in the nature of warehouse receipts, a receipt issued for the goods is deemed to be a warehouse receipt even if issued by a person who is the owner of the goods and is not a warehouse.

Added by Laws 1961, p. 141, § 7-201.  Amended by Laws 2005, c. 140, § 6, eff. Jan. 1, 2006.