12A:7-201. Person that may issue a warehouse receipt; storage under bond.
12A: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 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.
L.2013, c.65, s.2.
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Last modified: October 11, 2016