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§ 57A-7-401 Irregularities in issue of receipt or bill or conduct of issuer.

SD Codified L § 57A-7-401 (2019) (N/A)
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57A-7-401. Irregularities in issue of receipt or bill or conduct of issuer. The obligations imposed by this chapter on an issuer apply to a document of title even if:

(1) The document does not comply with the requirements of this chapter 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 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.Source: SL 2009, ch 254, § 7-401.

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