554.7201  Who may issue a warehouse receipt--storage under government bond.

1.  A warehouse receipt may be issued by any warehouse operator.

2.  Where 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 has like effect as a warehouse receipt even though issued by a person who is the owner of the goods and is not a warehouse operator.

Section History: Early form

  [S13, § 3138-a1; C24, 27, 31, § 9661, 9740; C35, § 9661, 9751-g23; C39, § 9661, 9751.23; C46, 50, 54, 58, 62, § 542.1, 543.20; C66, 71, 73, 75, 77, 79, 81, § 554.7201]

Internal References

  Referred to in § 554.9105


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