Indiana § 26-1-7-201 Who may issue a warehouse receipt; storage under government bond

Indiana Statutes

§ 26-1-7-201 — Who may issue a warehouse receipt; storage under government bond

Indiana·Title 26 COMMERCIAL LAW·Art. 1 UNIFORM COMMERCIAL CODE·Ch. 7 Documents of Title

(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 considered to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse. Formerly: Acts 1963, c.317, s.7-201. As amended by P.L.143-2007, SEC.30.

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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 considered to be a warehouse receipt
even if issued by a person that is the owner of the goods and is not a
warehouse.
Formerly: Acts 1963, c.317, s.7-201. As amended by
P.L.143-2007, SEC.30.

Indiana § 26-1-7-201 (Who may issue a warehouse receipt; storage under government bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.