12A:7-401. Irregularities In Issue of Receipt or Bill or Conduct of Issuer.

   The obligations imposed by this Chapter on an issuer apply to a document of title even if:
 
   a.   The document does not comply with the requirements of this Chapter or of any other statute, rule, or regulation regarding its issuance, form, or content;
 
   b.   The issuer violated laws regulating the conduct of its business;
 
   c.   The goods covered by the document were owned by the bailee when the document was issued; or
 
   d.   The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.
 
   L.2013, c.65, s.2.