Irregularities in issue of receipt or bill or conduct of issuer.

  1. Law
  2. Colorado Revised Statutes
  3. Uniform Commercial Code
  4. Documents of Title
  5. Irregularities in issue of receipt or bill or conduct of issuer.

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

  1. The document does not comply with the requirements of this article or of any otherstatute, 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 documentwas issued; or

  4. The person issuing the document is not a warehouse but the document purports to bea warehouse receipt.

Source: L. 2006: Entire article R&RE, p. 483, § 2, effective September 1. L. 2007: (1) amended, p. 371, § 16, effective August 3.

Editor's note: This section is similar to former § 4-7-401 as it existed prior to 2006.


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