Irregularities in issue of receipt or bill or conduct of issuer

  1. Law
  2. Maryland Code
  3. Commercial Law
  4. Documents of Title
  5. Warehouse Receipts and Bills of Lading: General Obligations
  6. Irregularities in issue of receipt or bill or conduct of issuer

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    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.


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