Code of Virginia (Last Updated:July 28, 2020) |
TITLE 8.7. Commercial Code - Warehouse Receipts, Bills of Lading and Other Documents of Title |
PART 2. Warehouse Receipts: Special Provisions |
SECTION 8.7-201. Who may issue a warehouse receipt; storage under government bond |
(1) A warehouse receipt may be issued by any warehouseman. (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. |