Section 34.1-7-401 - Irregularities in issue of receipt or bill or conduct of issuer(a) The obligations imposed by this article on an issuer apply to a document of title even if: (i) The document does not comply with the requirements of this article or of any other statute, rule, or regulation regarding its issuance, form, or content;(ii) The issuer violated laws regulating the conduct of its business;(iii) The goods covered by the document were owned by the bailee when the document was issued; or(iv) The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.Amended by Laws 2015 , ch. 124, § 4, eff. 7/1/2015.