Code of Virginia - Title 8.7 Commercial Code - Warehouse Receipts, Bills Of Lading And Other Documents Of Title - Part 2 Warehouse Receipts: Special Provisions

• 8.7-201 Who may issue a warehouse receipt; storage under government bond
  (1) A warehouse receipt may be issued by any warehouseman. (2) Where goods including distilled spirits and agricultural commodities are stored under a statute requiring ...
• 8.7-202 Form of warehouse receipt; essential terms; optional terms
  (1) A warehouse receipt need not be in any particular form. (2) Unless a warehouse receipt provides for each of the following, the warehouseman is ...
• 8.7-203 Liability for nonreceipt or misdescription
  A party to or purchaser for value in good faith of a document other than a bill of lading relying in either case upon the ...
• 8.7-204 Duty of care; contractual limitation of warehouseman's liability
  (1) A warehouseman is liable for damages for loss of or injury to the goods caused by his failure to exercise such care in regard ...
• 8.7-205 Title under warehouse receipt defeated in certain cases
  A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying ...
• 8.7-206 Termination of storage at warehouseman's option
  (1) A warehouseman may on notifying the person on whose account the goods are held and any other person known to claim an interest in ...
• 8.7-207 Goods must be kept separate; fungible goods
  (1) Unless the warehouse receipt otherwise provides, a warehouseman must keep separate the goods covered by each receipt so as to permit at all times ...
• 8.7-208 Altered warehouse receipts
  Where a blank in a negotiable warehouse receipt has been filled in without authority, a good faith purchaser for value and without notice of the ...
• 8.7-209 Lien of warehouseman
  (1) A warehouseman has a lien against the bailor on the goods covered by a warehouse receipt or storage agreement or on the proceeds thereof ...
• 8.7-210 Enforcement of warehouseman's lien
  (1) Except as provided in subsection (2), a warehouseman's lien may be enforced by public or private sale of the goods in bloc or in ...

Last modified: April 3, 2009