Section 7-401 - Irregularities in issue of receipt or bill or conduct of issuer. - Maryland Statutes

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

The obligations imposed by this title on an issuer apply to a document of title even if: 

(1) The document does not comply with the requirements of this title or of any other statute, rule, or regulation regarding its issuance, 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. 
 

[2004, ch. 95, § 2.]