Indiana § 26-1-7-402 Duplicate receipt or bill; overissue

Indiana Statutes

§ 26-1-7-402 — Duplicate receipt or bill; overissue

Indiana § 26-1-7-402

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 7Documents of Title

This text of Indiana § 26-1-7-402 (Duplicate receipt or bill; overissue) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-7-402 (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 under
section 105 of this chapter. The issuer is liable for damages caused by
its overissue or failure to identify a duplicate document by a
conspicuous notation.
Formerly: Acts 1963, c.317, s.7-402. As amended by
P.L.143-2007, SEC.49.

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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 under
section 105 of this chapter. The issuer is liable for damages caused by
its overissue or failure to identify a duplicate document by a
conspicuous notation.
Formerly: Acts 1963, c.317, s.7-402. As amended by
P.L.143-2007, SEC.49.