(a) A warehouse receipt may be issued by any warehouse.
(b) 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.
(1959, P.A. 133, S. 7-201; P.A. 04-64, S. 7.)
History: P.A. 04-64 amended section to adopt the 2003 Revision of Uniform Code Article 7-Documents of Title.
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