Section 7--201. Who May Issue a Warehouse Receipt; Storage Under Government Bond  


Latest version.
  • (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  a  bond  against
      withdrawal or a license for the issuance of receipts in  the  nature  of
      warehouse  receipts, a receipt issued for the goods has like effect as a
      warehouse receipt even though issued by a person who is the owner of the
      goods and is not a warehouseman.