Louisiana Warehouse Record of Receipt

• Category: Contracts - Storage
• State: Multi-State
• Control #: US-0472BG
• Format: Word; Rich Text

Description

A warehouse receipt is a document showing that title to goods is stored with someone else. It is a receipt issued by a person engaged in the business of storing goods for a fee. Generally, a warehouse receipt is considered a document of title. A negotiabl Louisiana Warehouse Record of Receipt (LOWER) is an important document used in the state of Louisiana for recording the receipt of goods stored in a warehouse. It serves as proof of possession and ownership of the stored items, providing warehouse operators and owners with legal protection and accurate record-keeping. The Louisiana Warehouse Record of Receipt includes comprehensive details about the goods being stored, such as their quantity, type, condition, and any distinguishing marks or labels. It also mentions the date when the goods were received and the name of the person or company delivering them. The document may also specify any special handling or storage requirements for the items. Warehouse operators issue an original copy of the LOWER to the depositor or the owner of the goods and retain a duplicate copy for their records. This record is essential for orderly inventory management, as it helps prevent disputes or confusion regarding the ownership or condition of stored goods. In addition to the standard Louisiana Warehouse Record of Receipt, there are a few variations or related documents that serve specific purposes: 1. Warehouse Receipt: This is a similar document to the LOWER but is used in other states. It provides proof of storage and can be used as collateral for loans or as evidence of ownership. 2. Louisiana Warehouseman's Lien: This document is relevant when a warehouse operator wants to claim a lien on the stored goods to secure payment for services, such as storage fees or handling charges. It provides a legal right to retain the goods until the outstanding debts are paid. 3. Warehouseman's Certificate: This certificate is issued by the warehouse operator after inspecting the goods and verifying their condition. It certifies that the goods are fit for storage and acknowledges their receipt. 4. Warehouseman's Bond: A bond obtained by the warehouse operator to ensure compliance with legal requirements and obligations. It protects the owners of the stored goods in case of theft, damage, or other unforeseen circumstances. To summarize, the Louisiana Warehouse Record of Receipt is a crucial document for warehouse management, providing proof of possession and ownership of stored goods. Along with other related documents like the warehouseman's lien, certificate, and bond, it facilitates secure storage, smooth operations, and legal protection for both the warehouse operators and the owners of the goods.

Louisiana Warehouse Record of Receipt (LOWER) is an important document used in the state of Louisiana for recording the receipt of goods stored in a warehouse. It serves as proof of possession and ownership of the stored items, providing warehouse operators and owners with legal protection and accurate record-keeping. The Louisiana Warehouse Record of Receipt includes comprehensive details about the goods being stored, such as their quantity, type, condition, and any distinguishing marks or labels. It also mentions the date when the goods were received and the name of the person or company delivering them. The document may also specify any special handling or storage requirements for the items. Warehouse operators issue an original copy of the LOWER to the depositor or the owner of the goods and retain a duplicate copy for their records. This record is essential for orderly inventory management, as it helps prevent disputes or confusion regarding the ownership or condition of stored goods. In addition to the standard Louisiana Warehouse Record of Receipt, there are a few variations or related documents that serve specific purposes: 1. Warehouse Receipt: This is a similar document to the LOWER but is used in other states. It provides proof of storage and can be used as collateral for loans or as evidence of ownership. 2. Louisiana Warehouseman's Lien: This document is relevant when a warehouse operator wants to claim a lien on the stored goods to secure payment for services, such as storage fees or handling charges. It provides a legal right to retain the goods until the outstanding debts are paid. 3. Warehouseman's Certificate: This certificate is issued by the warehouse operator after inspecting the goods and verifying their condition. It certifies that the goods are fit for storage and acknowledges their receipt. 4. Warehouseman's Bond: A bond obtained by the warehouse operator to ensure compliance with legal requirements and obligations. It protects the owners of the stored goods in case of theft, damage, or other unforeseen circumstances. To summarize, the Louisiana Warehouse Record of Receipt is a crucial document for warehouse management, providing proof of possession and ownership of stored goods. Along with other related documents like the warehouseman's lien, certificate, and bond, it facilitates secure storage, smooth operations, and legal protection for both the warehouse operators and the owners of the goods.