Section 336.7-201 — Person That May Issue A Warehouse Receipt; Storage Under Bond.

MN Stat § 336.7-201 (2019) (N/A)
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336.7-201 MS 2002 [Repealed, 2004 c 162 art 4 s 43] 336.7-201 PERSON THAT MAY ISSUE A WAREHOUSE RECEIPT; STORAGE UNDER BOND.

(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.

History: 2004 c 162 art 4 s 7