2017 Alaska Statutes
Title 45. Trade and Commerce
Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title
Article 4. Warehouse Receipts and Bills of Lading: General Obligations
Sec. 45.07.402. Duplicate document of title; overissue.

Universal Citation: AK Stat § 45.07.402 (2017)

A duplicate or another document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer a 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 under AS 45.07.115. The issuer is liable for damages caused by the issuer's overissue or failure to identify a duplicate document by a conspicuous notation.

Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.