13 Pennsylvania Consolidated Statutes § 7201 - Person That May Issue A Warehouse Receipt; Storage Under Bond

§ 7201. Person that may issue a warehouse receipt; storage under bond.

(a) Issuer.--A warehouse receipt may be issued by any warehouse.

(b) Storage under bond.--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.

Cross References. Section 7201 is referred to in section 9102 of this title.

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Last modified: October 8, 2016