North Dakota Code 41-07-07 – (7-201) Person that may issue a warehouse receipt – Storage under bond
Current as of: 2023 | Check for updates
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1. A warehouse receipt may be issued by any warehouse.
Terms Used In North Dakota Code 41-07-07
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- Statute: A law passed by a legislature.
2. 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.