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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 7:

      Section: 12A:7-401: Irregularities in issue of receipt or bill or conduct of issuer.

          
12A:7-401. 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:

a. The document does not comply with the requirements of this Chapter or of any other statute, rule, or regulation regarding its issuance, form, or content;

b. The issuer violated laws regulating the conduct of its business;

c. The goods covered by the document were owned by the bailee when the document was issued; or

d. The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.

L.2013, c.65, s.2.

This section added to the Rutgers Database: 2013-06-22 15:32:04.






Older versions of 12a:7-401 (if available):



Court decisions that cite this statute: CLICK HERE.