Sec. 42a-7-401. Irregularities in issue of receipt or bill or conduct of issuer.

      Sec. 42a-7-401. Irregularities in issue of receipt or bill or conduct of issuer. The obligations imposed by this article on an issuer apply to a document of title even if:

      (1) The document does not comply with the requirements of this article or of any other statute, rule or regulation regarding its issue, form or content;

      (2) The issuer violated laws regulating the conduct of its business;

      (3) The goods covered by the document were owned by the bailee when the document was issued; or

      (4) The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.

      (1959, P.A. 133, S. 7-401; P.A. 04-64, S. 25.)

      History: P.A. 04-64 amended section to adopt the 2003 Revision of Uniform Commercial Code Article 7-Documents of Title.