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The Birth Certificate Info

The document discusses how birth certificates function as a form of security or collateral called "warehouse receipts" under commercial law. A birth certificate contains similar information to a warehouse receipt, including the location of birth, date of issue, identifying numbers, personal details of the individual, and signature of the issuer. Birth certificates qualify as a type of warehouse receipt, which is a document used to obtain financing or credit with the individual serving as inventory or collateral.

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0% found this document useful (0 votes)
692 views1 page

The Birth Certificate Info

The document discusses how birth certificates function as a form of security or collateral called "warehouse receipts" under commercial law. A birth certificate contains similar information to a warehouse receipt, including the location of birth, date of issue, identifying numbers, personal details of the individual, and signature of the issuer. Birth certificates qualify as a type of warehouse receipt, which is a document used to obtain financing or credit with the individual serving as inventory or collateral.

Uploaded by

exousiallc
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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The Birth Certificate

This corporation then generates taxes and wealth over its lifetime and in
this way repays the collateral that Uncle Sam borrowed from the Federal
Reserve.
Remember that Bond thing printed on the bottom of the certificate?
Banknote. A kind of negotiable instrument, a promissory note made by a
bank payable to the bearer on demand, used as money, and in many
jurisdictions is legal tender. Along with coins, banknotes make up the cash
or bearer forms of all modern money.
Birth certificates are a form of securities called warehouse receipts.
The items included on a warehouse receipt, as descried at 7-202 of the
Uniform Commercial Code, the law which governs commercial - paper and
transactions, which parallel a birth certificate are:
the location of the warehouse where the goods are stored(residence);
the date of issue of the receipt..(Date issued);
the consecutive number of the receipt(found on back or front;
of the certificate, usually in red numbers);
a description of the goods or of the packages containing them(name,
sex, date of birth, etc.);
the signature of the warehouseman, which may be made by his
authorized agent(municipal clerk or state registrars signature)
Birth certificates now appear to at least qualify as warehouse receipts
under the Uniform Commercial Code. Blacks Law Dictionary, 7th ed.
defines:
Warehouse Receipt. A warehouse receipt, which is considered a
document of title, may be a negotiable instrument and is often used for
financing with inventory as security.

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