California · Commercial Code
COM §7401: The obligations imposed by this division on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this division or of any other statute, rule, or re
What this law says, in plain English
An issuer's legal obligations apply to documents of title even when those documents fail to meet statutory requirements.
Read the full statutory text
The obligations imposed by this division on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this division 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.
Verify at the official source: California legislative text
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