Part 4.
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/nc/chapter-25/4-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Part 4. Warehouse Receipts and Bills of Lading: General Obligations.
§ 25-7-401. 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. (1917, c. 37, s. 20; 1919, c. 65, ss. 21, 22; C.S., ss. 303, 304, 4060; 1931, c. 358, s. 1; 1965, c. 700, s. 1; 2006-112, s. 25.)