Current through Public Act 103-1052
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.Amended by P.A. 095-0895,§ 10, eff. 1/1/2009.