N.Y. Uniform Commercial Code Law § 7-402: Duplicate Document of Title; Overissue

Section 7--402. Duplicate Document of Title; Overissue.

A duplicate or any other document of title purporting to cover goods

already represented by an outstanding document of the same issuer does

not confer any 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 pursuant to Section 7--105. The issuer is

liable for damages caused by its overissue or failure to identify a

duplicate document by a conspicuous notation.