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 § 26-1-7-401

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 7Documents of Title

This text of Indiana § 26-1-7-401 (Irregularities in issue of receipt or bill or conduct of issuer) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Ind. Code § 26-1-7-401 (2026).

Text

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.