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Uniform Commercial Code | |
Uniform Commercial Code - Documents of Title | |
Section 401 | Irregularities in issue of receipt or bill or conduct of issuer. |
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70A-7a-401. Irregularities in issue of receipt or bill or conduct of issuer. The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this chapter 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.
Enacted by Chapter 42, 2006 General Session |
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