Wisconsin Statutes 407.201 – Person that may issue a warehouse receipt; storage under bond
Current as of: 2023 | Check for updates
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Terms Used In Wisconsin Statutes 407.201
- Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Wisconsin Statutes 407.102
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
- Statute: A law passed by a legislature.
- Warehouse: means a person engaged in the business of storing goods for hire. See Wisconsin Statutes 407.102
(1) A warehouse receipt may be issued by any warehouse.
(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.