Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title13 COMMERCIAL CODE |
DIVISION7. WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE |
CHAPTER72. WAREHOUSE RECEIPTS: SPECIAL PROVISIONS |
§7201. Person that may issue a warehouse receipt; storage under bond.
Latest version.
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(a) Issuer.--A warehouse receipt may be issued by any warehouse.
(b) Storage under bond.--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.
Notation
Cross References. Section 7201 is referred to in section 9102 of this title.