Alabama § 7-7-201 Person That May Issue a Warehouse Receipt; Storage Under Bond

Alabama Statutes

§ 7-7-201 — Person That May Issue a Warehouse Receipt; Storage Under Bond

Alabama·Title 7 Commercial Code·Art. 7 Warehouse Receipts, Bills of Lading and Other Documents of Title·Part 2 Warehouse Receipts: Special Provisions

(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 that is the owner of the goods and is not a warehouse.

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(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 that is the owner of the goods and is not a warehouse.

Alabama § 7-7-201 (Person That May Issue a Warehouse Receipt; Storage Under Bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)