Sec. 7.201. PERSON THAT MAY ISSUE A WAREHOUSE RECEIPT; STORAGE UNDER BOND. (a) A warehouse receipt may be issued by any warehouse.
(b) 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.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Amended by:
Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Chapter 7 - Documents of Title
Subchapter B. Warehouse Receipts: Special Provisions
Section 7.201. Person That May Issue a Warehouse Receipt; Storage Under Bond
Section 7.202. Form of Warehouse Receipt
Section 7.203. Liability for Nonreceipt or Misdescription
Section 7.204. Duty of Care; Contractual Limitation of Warehouse's Liability
Section 7.205. Title Under Warehouse Receipt Defeated in Certain Cases
Section 7.206. Termination of Storage at Warehouse's Option
Section 7.207. Goods Must Be Kept Separate; Fungible Goods
Section 7.208. Altered Warehouse Receipts