75-7-201 - Who may issue a warehouse receipt; storage under government bond.
§ 75-7-201. Who may issue a warehouse receipt; storage under government bond.
(a) A warehouse receipt may be issued by any warehouse.
(b) 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.
Sources: Codes, 1942, § 41A:7-201; Laws, 1966, ch. 316, § 7-201; Laws, 2006, ch. 527, § 6; Laws, 2007, ch. 355, § 6; Laws, 2007, ch. 381, § 6, eff from and after passage (approved Mar. 15, 2007.)