57A-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.
Source: SL 2009, ch 254, §7-401.