Montana Statutes

§ 30-7-402 — Duplicate Receipt Or Bill -- Overissue

Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 4 Warehouse Receipts and Bills of Lading General Obligations
30-7-402 . Duplicate receipt or bill -- overissue. 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 30-7-106 . 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

En. Sec. 7-402, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-402; amd. Sec. 59, Ch. 575, L. 2005.

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