Irregularities in issue of receipt or bill or conduct of issuer

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

  1. (1) the document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issuance, form, or content;

  2. (2) the issuer violated laws regulating the conduct of its business;

  3. (3) the goods covered by the document were owned by the bailee when the document was issued; or

  4. (4) the person issuing the document is not a warehouse but the document purports to be a warehouse receipt.


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