75-7-401 - Irregularities in issue of receipt or bill or conduct of issuer. - Mississippi Statutes

§ 75-7-401. 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. 
 

Sources: Codes, 1942, § 41A:7-401; Laws,  1966, ch. 316, § 7-401; Laws, 2006, ch. 527, § 24; Laws, 2007, ch. 355, § 23; Laws, 2007, ch. 381, § 23, eff from and after passage (approved Mar. 15, 2007.)