Neither a duplicate nor any other document of title purporting to cover goods already represented by an outstanding document of the same issuer confers any right in the goods, except as provided in the case of bills in a set, overissue of documents for fungible goods and substitutes for lost, stolen or destroyed documents. But the issuer is liable for damages caused by overissue or failure to identify a duplicate document as such by conspicuous notation on its face. [1961 c.726 §77.4020]
Section: Previous 77.3040 77.3050 77.3060 77.3070 77.3080 77.3090 77.4010 77.4020 77.4030 77.4040 77.5010 77.5020 77.5030 77.5040 77.5050 NextLast modified: August 7, 2008