70A-7a-402 - Duplicate document of title -- Overissue.
70A-7a-402. Duplicate document of title -- Overissue.
A duplicate or any other document of title purporting to cover goods already representedby an outstanding document of the same issuer does not confer any right in the goods, except asprovided in the case of tangible bills of lading in a set of parts, overissue of documents forfungible goods, substitutes for lost, stolen, or destroyed documents, or substitute documentsissued pursuant to Section 70A-7a-105. The issuer is liable for damages caused by its overissueor failure to identify a duplicate document by a conspicuous notation.
Enacted by Chapter 42, 2006 General Session