Delaware Code Title 6 Sec. 7-201 – Person that may issue a warehouse receipt; storage under bond
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(a) A warehouse receipt may be issued by any warehouse.
Terms Used In Delaware Code Title 6 Sec. 7-201
- Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Delaware Code Title 6 Sec. 7-102
- Person: means a natural person, partnership (whether general or limited), limited liability company, trust (including a common law trust, business trust, statutory trust, voting trust or any other form of trust), estate, association (including any group, organization, co-tenancy, plan, board, council or committee), corporation, government (including a country, state, county or any other governmental subdivision, agency or instrumentality), custodian, nominee or any other individual or entity (or series thereof) in its own or any representative capacity, in each case, whether domestic or foreign. See Delaware Code Title 6 Sec. 17-101
- Statute: A law passed by a legislature.
- Warehouse: means a person engaged in the business of storing goods for hire. See Delaware Code Title 6 Sec. 7-102
(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.
5A Del. C. 1953, §§ ?7-201; 55 Del. Laws, c. 349; 74 Del. Laws, c. 332, § ?39;