Unannotated Code of Maryland (Last Updated: May 16, 2014) |
COMMERCIAL LAW |
TITLE 7. DOCUMENTS OF TITLE |
SUBTITLE 2. WAREHOUSE RECEIPTS; SPECIAL PROVISIONS |
§ 7-201. Who may issue a warehouse receipt; storage under government bond
Latest version.
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(a) A warehouse receipt may be issued by any warehouse.
(b) 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.