47-7-201 - Person that may issue a warehouse receipt Storage under bond. - Tennessee Statutes

47-7-201. 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.

[Acts 2008, ch. 814, § 1.]