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§ 7.401 — Vermont Law | CourtGPT
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Vermont Legal Code

§ 7.401

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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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)