Indiana § 26-1-7-401 Irregularities in issue of receipt or bill or conduct of issuer

Indiana Statutes

§ 26-1-7-401 — Irregularities in issue of receipt or bill or conduct of issuer

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

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. Formerly: Acts 1963, c.317, s.7-401. As amended by P.L.152-1986, SEC.254; P.L.143-2007, SEC.48.

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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.
Formerly: Acts 1963, c.317, s.7-401. As amended by
P.L.152-1986, SEC.254; P.L.143-2007, SEC.48.

Indiana § 26-1-7-401 (Irregularities in issue of receipt or bill or conduct of issuer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.