| << Previous Section (70A-7a-106) | Next Section (70A-7a-202) >> |
Uniform Commercial Code | |
Uniform Commercial Code - Documents of Title | |
Section 201 | Person that may issue a warehouse receipt -- Storage under bond. |
|
70A-7a-201. Person that may issue a warehouse receipt -- Storage under bond. (1) A warehouse receipt may be issued by any warehouse. (2) 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 considered to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse.
Enacted by Chapter 42, 2006 General Session |
| << Previous Section (70A-7a-106) | Next Section (70A-7a-202) >> |