Act Info:
A negotiable warehouse receipt may be negotiated by its delivery if, by the terms of the receipt, the warehouseman undertakes to deliver the goods to the order of a named person, and that person or a subsequent endorsee has endorsed it.
Warehousing (Development and Regulation) Act 2007 Section 13 - Bare Act |
State | Central Government |
Year | 2007 |
Section Title | Negotiation of Warehouse Receipt by Delivery |
A negotiable warehouse receipt may be negotiated by its delivery if, by the terms of the receipt, the warehouseman undertakes to deliver the goods to the order of a named person, and that person or a subsequent endorsee has endorsed it.