Arkansas Code Title 4, Subtitle 1, Chapter 7, Part 2 - Warehouse Receipts: Special Provisions

• § 4-7-201 - Person that May Issue a Warehouse Receipt -- Storage Under 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...
• § 4-7-202 - Form of Warehouse Receipt -- Effect of Omission.
  (a) A warehouse receipt need not be in any particular form.(b) Unless a warehouse receipt provides for each of the following, the warehouse is...
• § 4-7-203 - Liability for Nonreceipt or Misdescription.
  A party to or purchaser for value in good faith of a document of title, other than a bill of lading, that relies upon...
• § 4-7-204 - Duty of Care -- Contractual Limitation of Warehouse's Liability.
  (a) A warehouse is liable for damages for loss of or injury to the goods caused by its failure to exercise care with regard...
• § 4-7-205 - Title Under Warehouse Receipt Defeated in Certain Cases.
  A buyer in ordinary course of business of fungible goods sold and delivered by a warehouse that is also in the business of buying...
• § 4-7-206 - Termination of Storage At Warehouse's Option.
  (a) A warehouse, by giving notice to the person on whose account the goods are held and any other person known to claim an...
• § 4-7-207 - Goods Must Be Kept Separate -- Fungible Goods.
  (a) Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all...
• § 4-7-208 - Altered Warehouse Receipts.
  If a blank in a negotiable tangible warehouse receipt has been filled in without authority, a good-faith purchaser for value and without notice of...
• § 4-7-209 - Lien of Warehouse.
  (a) A warehouse has a lien against the bailor on the goods covered by a warehouse receipt or storage agreement or on the proceeds...
• § 4-7-210 - Enforcement of Warehouse's Lien.
  (a) Except as otherwise provided in subsection (b), a warehouse's lien may be enforced by public or private sale of the goods, in bulk...

Last modified: November 15, 2016