California Law (Last Updated: March 4, 2014) |
Commercial Code - COM |
Division 7. DOCUMENTS OF TITLE |
Chapter 2. Warehouse Receipts: Special Provisions |
Section 7201.
Latest version.
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(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.
(Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.)