Virginia Code 8.7-201: Who may issue a warehouse receipt; storage under government bond
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(1) A warehouse receipt may be issued by any warehouseman.
Terms Used In Virginia Code 8.7-201
- Goods: means all things that are treated as movable for the purposes of a contract of storage or transportation. See Virginia Code 8.7-102
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- Statute: A law passed by a legislature.
- Warehouseman: is a person engaged in the business of storing goods for hire. See Virginia Code 8.7-102
(2) Where 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 has like effect as a warehouse receipt even though issued by a person who is the owner of the goods and is not a warehouseman.
Code 1950, § 61-4; 1964, c. 219.