[Previous] [Next]

§12A-7-402.


§12A-7-402.
   
   Neither a duplicate nor any other document of title purporting to
   cover goods already represented by an outstanding document of the same
   issuer confers any right in the goods, except as provided in the case
   of bills in a set, overissue of documents for fungible goods and
   substitutes for lost, stolen or destroyed documents. But the issuer is
   liable for damages caused by his overissue or failure to identify a
   duplicate document as such by conspicuous notation on its face.
   

[Previous] [Next]