810 ILCS 5/7-201

Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
Section 810 ILCS 5/7-201 - Person that may issue a warehouse receipt; storage under bond
(a) A warehouse receipt may be issued by any warehouse.
(b) If 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 is deemed to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse.

810 ILCS 5/7-201

Amended by P.A. 095-0895,§ 10, eff. 1/1/2009.
Laws 1961, p. 2101.