Wis. Stat. § 407.401
Irregularities in issue of receipt or bill or conduct of issuer
Redline — January 1, 2003 → current.View current text →
Current — January 1, 2009
As of January 1, 2003
The obligations imposed by this chapter on an issuer apply to a document of title regardless of the fact that:
The obligations imposed by this chapter on an issuer apply to a document of title even if any of the following are satisfied:
(1) The document may not comply with the requirements of this chapter or of any other law or regulation regarding its issue, form or content; or
(1) The document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issue, form, or content.
(2) The issuer may have violated laws regulating the conduct of the issuer's business; or
(2) The issuer violated laws regulating the conduct of its business.
(3) The goods covered by the document were owned by the bailee at the time the document was issued; or
(3) The goods covered by the document were owned by the bailee when the document was issued.
(4) The person issuing the document does not come within the definition of warehouse keeper if it purports to be a warehouse receipt.
(4) The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.