The obligations imposed by this Article on an issuer apply to a document of title regardless of the fact that
a. the document may not comply with the requirements of this Article or of any other law or regulation regarding its issue, form or content; or
b. the issuer may have violated laws regulating the conduct of the issuer's business; or
c. the goods covered by the document were owned by the bailee at the time the document was issued; or
d. the person issuing the document does not come within the definition of warehouse operator if it purports to be a warehouse receipt.
[S13, § 3138-a20, -b22; C24, 27, 31, 35, 39, § 8267, 9680; C46, 50, 54, 58, 62, § 487.23, 542.20; C66, 71, 73, 75, 77, 79, 81, § 554.7401]
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Last update: Thu Mar 18 15:00:31 CST 1999
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