Iowa Code 554.7401 – Irregularities in issue of receipt or bill or conduct of issuer
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 554.7401
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- Rule: includes "regulation". See Iowa Code 4.1
- Statute: A law passed by a legislature.
554.7401 Irregularities in issue of receipt or bill or conduct of issuer.
The obligations imposed by this Article on an issuer apply to a document of title even if:
1. the document does not comply with the requirements of this Article or of any other statute, rule, or regulation regarding its issuance, 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.
[S13, §3138-a20, -b22; C24, 27, 31, 35, 39, §8267, 9680; C46, 50, 54, 58, 62, §487.23, 542.20;
C66, 71, 73, 75, 77, 79, 81, §554.7401]
2007 Acts, ch 30, §25, 45, 46
The obligations imposed by this Article on an issuer apply to a document of title even if:
1. the document does not comply with the requirements of this Article or of any other statute, rule, or regulation regarding its issuance, 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.
[S13, §3138-a20, -b22; C24, 27, 31, 35, 39, §8267, 9680; C46, 50, 54, 58, 62, §487.23, 542.20;
C66, 71, 73, 75, 77, 79, 81, §554.7401]
2007 Acts, ch 30, §25, 45, 46