7401 - Irregularities in issue of receipt or bill or conduct of issuer.
CHAPTER 74 WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS Sec. 7401. Irregularities in issue of receipt or bill or conduct of issuer. 7402. Duplicate document of title; overissue. 7403. Obligation of bailee to deliver; excuse. 7404. No liability for good faith delivery pursuant to document of title. Enactment. Chapter 74 was added April 16, 2008, P.L.57, No.13, effective in 60 days. Prior Provisions. Former Chapter 74, which related to the same subject matter, was added November 1, 1979, P.L.255, No.86, and repealed April 16, 2008, P.L.57, No.13, effective in 60 days. Cross References. Chapter 74 is referred to in section 7503 of this title. § 7401. Irregularities in issue of receipt or bill or conduct of issuer. The obligations imposed by this division on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this division or of any other statute, rule or regulation regarding its issuance, 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.