New York § 7-201 Person That May Issue a Warehouse Receipt; Storage Under Bond

New York Statutes

§ 7-201 — Person That May Issue a Warehouse Receipt; Storage Under Bond

New York·Law UCC Uniform Commercial Code·Part 2 Warehouse Receipts: Special Provisions·Art. 7 Documents of Title

Section 7--201. Person That May Issue a Warehouse Receipt; Storage Under\n                  Bond.\n  (a) A warehouse receipt may be issued by any warehouse.\n  (b) If goods, including distilled spirits and agricultural\ncommodities, are stored under a statute requiring a bond against\nwithdrawal or a license for the issuance of receipts in the nature of\nwarehouse receipts, a receipt issued for the goods is deemed to be a\nwarehouse receipt even if issued by a person that is the owner of the\ngoods and is not a warehouse.\n

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Section 7--201. Person That May Issue a Warehouse Receipt; Storage Under\n Bond.\n (a) A warehouse receipt may be issued by any warehouse.\n (b) If goods, including distilled spirits and agricultural\ncommodities, are stored under a statute requiring a bond against\nwithdrawal or a license for the issuance of receipts in the nature of\nwarehouse receipts, a receipt issued for the goods is deemed to be a\nwarehouse receipt even if issued by a person that is the owner of the\ngoods and is not a warehouse.\n

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