Pennsylvania § 7201 Person that may issue a warehouse receipt; storage under bond

Pennsylvania Statutes

§ 7201 — Person that may issue a warehouse receipt; storage under bond

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 72 WAREHOUSE RECEIPTS: SPECIAL PROVISIONS

(a)Issuer.--A warehouse receipt may be issued by any warehouse.

(b)Storage under bond.--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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(a) Issuer.--A warehouse receipt may be issued by any warehouse.

(b) Storage under bond.--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.

Pennsylvania § 7201 (Person that may issue a warehouse receipt; storage under bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.