Part 2. Warehouse Receipts: Special Provisions
If a blank in a negotiable tangible warehouse receipt has been filled in without authority, a good-faith purchaser for value and without notice of the lack of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor.
Renumbered from § 1307.13 and amended by 129th General AssemblyFile No.9, HB 9, §1, eff. 6/29/2011.
Section: Previous 1307.201 1307.202 1307.203 1307.204 1307.205 1307.206 1307.207 1307.208 1307.209 1307.210 1307.301 1307.302 1307.303 1307.304 1307.305 NextLast modified: October 10, 2016