Louisiana Statutes
§ 10:7-402 — Duplicate document of title; overissue
Louisiana·Title 10 Commercial Laws
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 R.S. 10:7-105. 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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Legislative History
Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
Nearby Sections
15
§ 10:7-101
§ 10:7-101§ 10:7-102
Definitions and index of definitions§ 10:7-103
Relation of Chapter to treaty or statute§ 10:7-105
Reissuance in alternative medium§ 10:7-106
Control of electronic document of title§ 10:7-201
§ 10:7-201§ 10:7-208
Altered warehouse receipts§ 10:7-209
Lien of warehouse