GroundRules
AS 45.07.402: Duplicate document of title; overissue.
Where this section sits in the code
- Title 45. Trade and Commerce.
- Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title.
- Article 4. Warehouse Receipts and Bills of Lading: General Obligations.
A duplicate or another document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer a right in the goods, except as provided in the case of tangible bills of lading in a set of parts, overissue of documents for fungible goods, substitutes for lost, stolen, or destroyed documents, or substitute documents issued under AS 45.07.115. The issuer is liable for damages caused by the issuer's overissue or failure to identify a duplicate document by a conspicuous notation.
Collected 2026-09-02T06:19:44Z. Source file · JSON