Maryland Commercial Law Section 7-401

Article - Commercial Law

§ 7-401.

      The obligations imposed by this title on an issuer apply to a document of title even if:

            (1)      The document does not comply with the requirements of this title or of any other statute, rule, or regulation regarding its issuance, form, or content;

            (2)      The issuer violated laws regulating the conduct of its business;

            (3)      The goods covered by the document were owned by the bailee when the document was issued; or

            (4)      The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.