Ohio § 1307.402 Duplicate document of title; overissue - UCC 7-402

Ohio Statutes

§ 1307.402 — Duplicate document of title; overissue - UCC 7-402

Ohio § 1307.402

Title 13Commercial Transactions

Ch. 1307Documents Of Title

This text of Ohio § 1307.402 (Duplicate document of title; overissue - UCC 7-402) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1307.402 (2026).

Text

Duplicate document of title; overissue [UCC  7-402]

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 section1307.105of the Revised Code. 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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Duplicate document of title; overissue [UCC 7-402]

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 section1307.105of the Revised Code. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.