28-7-201 PERSON THAT MAY ISSUE A WAREHOUSE RECEIPT -- STORAGE UNDER BOND. - Idaho Statutes

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 7

DOCUMENTS OF TITLE

PART 2.

WAREHOUSE RECEIPTS -- SPECIAL PROVISIONS

28-7-201. 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.