Montana Statutes

§ 30-7-401 — Irregularities In Issue Of Receipt Or Bill Or Conduct Of Issuer

Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 4 Warehouse Receipts and Bills of Lading General Obligations

30-7-401 . 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 issue, 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.

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Legislative History

En. Sec. 7-401, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-401; amd. Sec. 58, Ch. 575, L. 2005.

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