§12A-7-401.

§12A-7-401.
   
   The obligations imposed by this article on an issuer apply to a
   document of title regardless of the fact that
   
   (a) the document may not comply with the requirements of this article
   or of any other law or regulation regarding its issue, form or
   content; or
   
   (b) the issuer may have violated laws regulating the conduct of his
   business; or
   
   (c) the goods covered by the document were owned by the bailee at the
   time the document was issued; or
   
   (c) the person issuing the document does not come within the
   definition of warehouseman if it purports to be a warehouse receipt.