Section 45.07.201. Person who may issue a warehouse receipt; storage under bond.

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   (a) A warehouse receipt may be issued by a 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 considered to be a warehouse receipt even if issued by a person who is the owner of the goods and is not a warehouse.

Authorities

45.05.542;45.29.102

Notes

References

AS 45.05.542
AS 45.29.102 Definitions.

History

(Sec. 7.201 ch 114 SLA 1962; am Sec. 31 ch 44 SLA 2009)

                    
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