Iowa Code 554.7201 – Person that may issue a warehouse receipt — storage under bond
Current as of: 2023 | Check for updates
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1. A warehouse receipt may be issued by any warehouse.
Terms Used In Iowa Code 554.7201
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- Statute: A law passed by a legislature.
2. 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.