Sec. 45.07.201. Person who may issue a warehouse receipt; storage under bond.
86 words·~1 min read·
/ak/title-45/chapter-7/45-07-201A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 45.07.201. Person who may issue a warehouse receipt; storage under bond.
(a)A warehouse receipt may be issued by a 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 considered to be a warehouse receipt even if issued by a person who is the owner of the goods and is not a warehouse.