2017 Wisconsin Statutes & Annotations
Chapter 407. Uniform commercial code — documents of title.
407.201 Person that may issue a warehouse receipt; storage under bond.

Universal Citation: WI Stat § 407.201 (2017)

407.201 Person that may issue a warehouse receipt; storage under bond.

(1) A warehouse receipt may be issued by any warehouse.

(2) If 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 is deemed to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse.

History: 2009 a. 322.

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