North Dakota § 41-07-07 (7-201) Person that may issue a warehouse receipt - Storage under bond

North Dakota Statutes

§ 41-07-07 — (7-201) Person that may issue a warehouse receipt - Storage under bond

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-07 Documents of Title

1.A warehouse receipt may be issued by any warehouse.

2.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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1. A warehouse receipt may be issued by any warehouse.

2. 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.

North Dakota § 41-07-07 ((7-201) Person that may issue a warehouse receipt - Storage under bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.