The transfer of warehouse receipts shall take effect after endorsement by the depositor and signature or seal by the custodian. When the depositor pledges the warehouse receipt, he shall sign a pledge contract with the pledgee, endorse the warehouse receipt and sign or seal it by the custodian. The pledge will take effect only after the warehouse receipt is delivered to the pledgee.
Extended data:
Warehouse receipts include the following items:
1. Name and domicile of the depositor.
2. The variety, quantity, quality, packaging, number of pieces, marking, etc. of the stored goods shall be recorded accurately and in detail to prevent disputes.
3. Storage loss standard. The warehouse receipt should clearly specify the loss standard of the warehousing goods to avoid disputes when returning the warehousing goods.
4. Storage location. A storage place is a place where goods are stored.
5. Storage period. The storage period is the beginning and ending time for the custodian to keep the goods for the depositor. Storage time is very important in storage contracts. It is not only the beginning and ending time of the custodian's performance of the custody obligation, but also the time limit for the depositor or warehouse receipt holder to pick up the stored goods. So the storage period should be clearly specified on the warehouse receipt.
6. Storage fee. Custody fee is the remuneration charged by the custodian for providing custody services to the depositor.
7. If the warehouse is insured, the insured amount, duration and name of the insurer.
8. Issuer, issuing place and issuing time. When filling and issuing warehouse receipts, the custodian shall record his name and the place and time of filling and issuing warehouse receipts in order to determine the rights and obligations of the parties.
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