§ 7–401
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 7-401 (2026)
Title 7. Documents of Title
Subtitle 4. Warehouse Receipts and Bills of Lading: General Obligations
§ 7–401LinkCopy Citation
The obligations imposed by this title on an issuer apply to a document of title even if:
(1)
The document does not comply with the requirements of this title 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.