2020 Oklahoma Statutes
Title 12A. Commercial Code
§12A-7-401. Irregularities in issue of receipt or bill or conduct of issuer.

Irregularities in Issue of Receipt or Bill or Conduct of Issuer.

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

(1) the document does not comply with the requirements of this article or of any other statute, rule, or regulation regarding its issue, 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 at the time the document was issued; or

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

Added by Laws 1961, p. 147, § 7-401. Amended by Laws 2005, c. 140, § 24, eff. Jan. 1, 2006.

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