Oregon § 77.4020 Duplicate document of title; overissue

Oregon Statutes

§ 77.4020 — Duplicate document of title; overissue

Oregon § 77.4020

Vol.2

Title 8Commercial Transactions

Ch. 77Warehouse Receipts, Bills of Lading and Other Documents of Title

This text of Oregon § 77.4020 (Duplicate document of title; overissue) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 77.4020 (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 ORS 77.1050. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by 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 ORS 77.1050. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by conspicuous notation.