CA Com Code Section 7401


The obligations imposed by this division on an issuer apply to a document of title even if:

(1)

the document does not comply with the requirements of this division 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.
Last Updated

Aug. 19, 2023

§ 7401’s source at ca​.gov