New York § 7-401 Irregularities in Issue of Receipt or Bill or Conduct of Issuer

New York Statutes

§ 7-401 — Irregularities in Issue of Receipt or Bill or Conduct of Issuer

New York § 7-401

Law UCCUniform Commercial Code

Part 4Warehouse Receipts and Bills of Lading: General Obligations

Art. 7Documents of Title

This text of New York § 7-401 (Irregularities in Issue of Receipt or Bill or Conduct of Issuer) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 7-401 (2026).

Text

Section 7--401. Irregularities in Issue of Receipt or Bill or Conduct of\n                  Issuer.\n  The obligations imposed by this article on an issuer apply to a\ndocument of title even if:\n  (1) the document does not comply with the requirements of this article\nor of any other statute, rule, or regulation regarding its issuance,\nform, or content;\n  (2) the issuer violated laws regulating the conduct of its business;\n  (3) the goods covered by the document were owned by the bailee when\nthe document was issued; or\n  (4) the person issuing the document is not a warehouse but the\ndocument purports to be a warehouse receipt.\n

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Section 7--401. Irregularities in Issue of Receipt or Bill or Conduct of\n Issuer.\n The obligations imposed by this article on an issuer apply to a\ndocument of title even if:\n (1) the document does not comply with the requirements of this article\nor of any other statute, rule, or regulation regarding its issuance,\nform, or content;\n (2) the issuer violated laws regulating the conduct of its business;\n (3) the goods covered by the document were owned by the bailee when\nthe document was issued; or\n (4) the person issuing the document is not a warehouse but the\ndocument purports to be a warehouse receipt.\n