Section 45.07.208. Altered warehouse receipts.

Latest version.

If a blank in a negotiable 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 a tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor.

Notes

History

(Sec. 7.208 ch 114 SLA 1962; am Sec. 38 ch 44 SLA 2009)

                    
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