New Mexico · Through 2024-04-27

55-7-306: Altered bills of lading.

An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor.
OFFICIAL COMMENTS
UCC Official Comments © by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.
Prior Uniform Statutory Provision. - Former Section 7-306 [55-7-306 NMSA 1978].
Changes. - None
An unauthorized alteration or filling in of a blank, whether made with or without fraudulent intent, does not relieve the issuer of its liability on the document as originally executed. This section applies to both tangible and electronic bills of lading, applying the same rule to both types of bills of lading. The control concept of Section 7-106 [55-7-106 NMSA 1978] requires that any changes to the electronic document of title be readily identifiable as authorized or unauthorized. Section 7-306 [55-7-306 NMSA 1978] should be compared to Section 7-208 [55-7-208 NMSA 1978] where a different rule applies to the unauthorized filling in of a blank for tangible warehouse receipts.
Cross References. - Sections 7-106 [55-7-106 NMSA 1978] and 7-208 [55-7-208 NMSA 1978].
"Bill of lading". Section 1-201 [55-1-201 NMSA 1978].
"Issuer". Section 7-102 [55-7-102 NMSA 1978].

Where this section sits in the code

Chapter 55 - Uniform Commercial Code
ARTICLE 7 Documents of Title

An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor.

OFFICIAL COMMENTS

Prior Uniform Statutory Provision. - Former Section 7-306 [55-7-306 NMSA 1978].

Changes. - None

An unauthorized alteration or filling in of a blank, whether made with or without fraudulent intent, does not relieve the issuer of its liability on the document as originally executed. This section applies to both tangible and electronic bills of lading, applying the same rule to both types of bills of lading. The control concept of Section 7-106 [55-7-106 NMSA 1978] requires that any changes to the electronic document of title be readily identifiable as authorized or unauthorized. Section 7-306 [55-7-306 NMSA 1978] should be compared to Section 7-208 [55-7-208 NMSA 1978] where a different rule applies to the unauthorized filling in of a blank for tangible warehouse receipts.

Cross References. - Sections 7-106 [55-7-106 NMSA 1978] and 7-208 [55-7-208 NMSA 1978].

"Bill of lading". Section 1-201 [55-1-201 NMSA 1978].

"Issuer". Section 7-102 [55-7-102 NMSA 1978].

Collected 2026-09-03T15:02:20Z. Source file · JSON

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