§ 7-202 — Form of Warehouse Receipt; Effect of Omission

New York § 7-202

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

Text

Section 7--202. Form of Warehouse Receipt; Effect of Omission.\n (a) A warehouse receipt need not be in any particular form.\n (b) Unless a warehouse receipt provides for each of the following, the\nwarehouse is liable for damages caused to a person injured by its\nomission:\n (1) a statement of the location of the warehouse facility where the\ngoods are stored;\n (2) the date of issue of the receipt;\n (3) the unique identification code of the receipt;\n (4) a statement whether the goods received will be delivered to the\nbearer, to a named person, or to a named person or its order;\n (5) the rate of storage and handling charges, unless goods are stored\nunder a field warehousing arrangement, in which case a statement of that\nfact is sufficient on a nonnegotiable receipt;\n (6) a description of the goods or the packages containing them;\n (7) the signature of the warehouse or its agent;\n (8) if the receipt is issued for goods that the warehouse owns, either\nsolely, jointly, or in common with others, a statement of the fact of\nthat ownership; and\n (9) a statement of the amount of advances made and of liabilities\nincurred for which the warehouse claims a lien or security interest,\nunless the precise amount of advances made or liabilities incurred, at\nthe time of the issue of the receipt, is unknown to the warehouse or to\nits agent that issued the receipt, in which case a statement of the fact\nthat advances have been made or liabilities incurred and the purpose of\nthe advances or liabilities is sufficient.\n (c) A warehouse may insert in its receipt any terms that are not\ncontrary to this Act and do not impair its obligation of delivery under\nSection 7--403 or its duty of care under Section 7--204. Any contrary\nprovision is ineffective.\n