Section 45.07.401. Irregularities in issue of receipt or bill or conduct of issuer.

The obligations imposed by this chapter on an issuer apply to a document of title even if
        (1) the document does not comply with the requirements of this chapter or another statute, a regulation, or another rule of law regarding its issuance, form, or content;
        (2) the issuer violated laws regulating the conduct of the issuer's 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.

Authorities

45.05.580;45.07.304;45.07.503

Notes

References

AS 45.05.580
AS 45.07.304 Tangible bills of lading in a set.
AS 45.07.503 Document of title to goods defeated in certain cases.

History

(Sec. 7.401 ch 114 SLA 1962; am Sec. 62 ch 44 SLA 2009)