Idaho Code 28-7-201 – Person That May Issue a Warehouse Receipt — Storage Under Bond
Current as of: 2023 | Check for updates
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(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.
Terms Used In Idaho Code 28-7-201
- Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Idaho Code 28-7-102
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Statute: A law passed by a legislature. Warehouse: means a person engaged in the business of storing goods for hire. See Idaho Code 28-7-102