70A-7a-401 - Irregularities in issue of receipt or bill or conduct of issuer.
               	 		 70A-7a-401.    Irregularities in issue of receipt or bill or conduct of issuer.
      The obligations imposed by this chapter on an issuer apply to a document of title even if:
      (1)  the document does not comply with the requirements of this chapter or of any otherstatute, 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 documentwas issued; or
      (4)  the person issuing the document is not a warehouse but the document purports to be awarehouse receipt.
Enacted by Chapter 42, 2006 General Session