2013 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 7-A: DOCUMENTS OF TITLE
11 §7-1208. Altered warehouse receipts


ME Rev Stat § 7-1208 (2013 through 126th 1st Sp Sess) What's This?

Part 2: WAREHOUSE RECEIPTS: SPECIAL PROVISIONS

7-1208. Altered warehouse receipts

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. [2009, c. 324, Pt. A, 2 (NEW); 2009, c. 324, Pt. A, 4 (AFF).]

SECTION HISTORY

2009, c. 324, Pt. A, 2 (NEW). 2009, c. 324, Pt. A, 4 (AFF).

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