677.401 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 other statute, rule of law, 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.
History.—s. 1, ch. 65-254; s. 634, ch. 97-102; s. 41, ch. 2010-131.
Note.—s. 7-401, U.C.C.; supersedes s. 678.20.
Section: 677.401 677.402 677.403 677.404 NextLast modified: September 23, 2016