GroundRules
Ark. Code Ann. § 4-7-401: Irregularities in issue of receipt or bill or conduct of issuer.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 7 Documents of Title
- Part 4 — Warehouse Receipts and Bills of Lading: General Obligations
The obligations imposed by this chapter on an issuer apply to a document of title even if:
(1) the document does not comply with the requirements of this chapter 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.
Collected 2026-09-17T21:07:03Z. Source file · JSON