§ 7202 Warehouse Receipt Requirements
This law requires warehouse receipts to include specific information, and if any of those details are missing, the warehouse can be held responsible for injuries that result from that omission.
A farmer stores grain in a warehouse and receives a receipt that fails to list the warehouse's location. Later, the farmer is injured while trying to retrieve the grain because he didn't know where the warehouse is.
Because the receipt left out the required statement of the warehouse location, the warehouse is liable for the farmer's injury under this statute.
Total lien amount = Advances made + Liabilities incurred
A warehouse issues a receipt for stored coffee. It has advanced $2,500 to the owner and incurred $1,200 in liabilities for transport. The receipt must state these amounts unless the exact numbers are unknown.
Result: $3,700
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 7202 Warehouse Receipt Requirements
Last verified: January 10, 2026