Section 440.7208 - Alteration of warehouse receipts.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.7208 Alteration of warehouse receipts.
Sec. 7208.
Where a blank in a negotiable warehouse receipt has been filled in without authority, a purchaser for value and without notice of the want of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any receipt enforceable against the issuer according to its original tenor.
History: 1962, Act 174, Eff. Jan. 1, 1964