North Dakota § 41-07-26 (7-401) Irregularities in issue of receipt or bill or conduct of issuer

North Dakota Statutes

§ 41-07-26 — (7-401) Irregularities in issue of receipt or bill or conduct of issuer

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

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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.

North Dakota § 41-07-26 ((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.