Part 4. Warehouse Receipts and Bills of Lading: General Obligations
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 1307.105 of the Revised Code. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation .
Renumbered from § 1307.26 and amended by 129th General AssemblyFile No.9, HB 9, §1, eff. 6/29/2011.
Section: Previous 1307.304 1307.305 1307.306 1307.307 1307.308 1307.309 1307.401 1307.402 1307.403 1307.404 1307.501 1307.502 1307.503 1307.504 1307.505 NextLast modified: October 10, 2016