Wisconsin § 407.402 Duplicate document of title; overissue.

Wisconsin Statutes

§ 407.402 — Duplicate document of title; overissue.

Wisconsin § 407.402

Ch. 407Uniform commercial code — documents of title

Subch.subch. IV of ch. 407 SUBCHAPTER IV

WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS

This text of Wisconsin § 407.402 (Duplicate document of title; overissue.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 407.402 (2026).

Text

407.402  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 s. 407.105 . The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.

Free access — add to your briefcase to read the full text and ask questions with AI

407.402 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 s. 407.105 . The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.