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Home » US Law » 2022 Maryland Statutes » Commercial Law » Title 7 - Documents of Title » Subtitle 4 - Warehouse Receipts and Bills of Lading: General Obligations » Section 7-401 – Irregularities in Issue of Receipt or Bill or Conduct of Issuer

    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.