New York Uniform Commercial Code Code § 7-201

Person That May Issue a Warehouse Receipt; Storage Under Bond
Open in Lexace · Ask the AI about this section
Section 7--201. Person That May Issue a Warehouse Receipt; Storage Under\n                  Bond.\n  (a) A warehouse receipt may be issued by any warehouse.\n  (b) If goods, including distilled spirits and agricultural\ncommodities, are stored under a statute requiring a bond against\nwithdrawal or a license for the issuance of receipts in the nature of\nwarehouse receipts, a receipt issued for the goods is deemed to be a\nwarehouse receipt even if issued by a person that is the owner of the\ngoods and is not a warehouse.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.