The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issue, form or content; (2) the issuer violated laws regulating the conduct of its business; (3) the goods covered by the document were owned by the bailee when the document was issued; or (4) the person issuing the document is not a warehouse but the document purports to be a warehouse receipt.
Irregularities in issue of receipt or bill or conduct of issuer
S.C. Code Ann. § 36-7-401, under Title 36, Chapter 7.
S.C. Code Ann. § 36-7-401