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KRS 355.7-201

Person that may issue a warehouse receipt -- Storage under bond

Known as the Uniform Commercial Code

The act spans §§ 355–355 (686 sections).

Effective: July 12, 2012 History: Repealed and reenacted 2012 Ky

(1) A warehouse receipt may be issued by any warehouse.

(2) 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 deemed to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.