This article shall not relieve any person, including, but not limited to, any bank, savings and loan, or other financial lending institution, that requires, solicits, or otherwise accepts warehouse receipts issued in accordance with this article as collateral or security for a debt, account, promissory note, or any type of loan from any duty otherwise imposed to take necessary and reasonable adequate measures to ensure that the goods represented by the warehouse receipts are present and accounted for and are in suitable condition.
History. Code 1981, § 10-4-33 , enacted by Ga. L. 1992, p. 2553, § 2.
Structure Georgia Code
Article 1 - State Licensed and Bonded Warehouses
§ 10-4-3. State Warehouse Section Established; Supervisor of Section
§ 10-4-4. Exemptions From Article; Warehousemen Electing to Be Covered
§ 10-4-5. Powers and Duties of Commissioner; Annual Reports; Adoption of Rules and Regulations
§ 10-4-7. Uniform Application of Orders, Fees, Rules, and Regulations
§ 10-4-8. Existing Interstate Commerce Regulations Not Affected
§ 10-4-9. Judicial Review of Administrative Decision
§ 10-4-10. Annual License Required; Issuance by Commissioner; Application for License or Renewal
§ 10-4-11. License for Person Electing to Comply With Article and Regulations
§ 10-4-12. Bond Required; Additional Bond
§ 10-4-13. Bonded and Licensed Warehouse May Be Designated as State Bonded
§ 10-4-15. Inspections of Warehouses
§ 10-4-16. Inspectors and Examiners to Be Bonded
§ 10-4-18. Delivery to Warehouse Presumably for Storage
§ 10-4-20. Essential Terms of Warehouse Receipts; Liability for Omission
§ 10-4-21. Obligation of Warehouseman to Deliver; Effect of Loss or Damage
§ 10-4-22. Surrender and Cancellation of Warehouse Receipts on Delivery
§ 10-4-23. Records of Warehousemen
§ 10-4-24. Inspection of Records; Preservation of Records When License Terminated
§ 10-4-25. When Insurance on Stored Products Required
§ 10-4-27. Certified Public Weighers to Be Provided
§ 10-4-28. Scales to Be Provided; Examination; Disapproved Scales Not to Be Used
§ 10-4-32. Criminal Penalties for Violations; Immunity of Sureties
§ 10-4-33. Duty of Persons Accepting Warehouse Receipts to Take Adequate Measures Regarding Goods