Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 7-201 — Person That May Issue a Warehouse Receipt; Storage Under Bond

N.Y. U.C.C. Law § 7-201

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

Section 7--201. Person That May Issue a Warehouse Receipt; Storage Under

Citator

N.Y. U.C.C. Law § 7-201 — Person That May Issue a Warehouse Receipt; Storage Under Bond is in force in the current edition of the Code, and nothing recorded condemns it.

Section 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.