Irregularities in Issue of Receipt or Bill or Conduct of Issuer

The obligations imposed by this division on an issuer apply to a document of title regardless of the fact that COL120106 DIV. 7 WAREHOUSE RECEIPTS, BILLS OF LADING AND O THER DOCUMENTS OF TITLE

(a)The document may not comply with the requirements of this division or of any other law or regulation regarding its issue, form or content; or

(b)The issuer may have violated laws regulating the conduct of his business; or

(c)The goods covered by the document were owned by the bailee at the time the document was issued; or

(d)The person issuing the document does not come within the definition of warehouseman if it purports to be a warehouse receipt.