Colorado § 4-7-402 Duplicate document of title - overissue

Colorado Statutes

§ 4-7-402 — Duplicate document of title - overissue

Colorado § 4-7-402

Title 04Uniform

Art.Documents of Title

This text of Colorado § 4-7-402 (Duplicate document of title - overissue) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 4-7-402 (2026).

Text

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 4-7-105. The issuer is liable for
damages caused by its overissue or failure to identify a duplicate document by a
conspicuous notation.

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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 4-7-105. The issuer is liable for
damages caused by its overissue or failure to identify a duplicate document by a
conspicuous notation.