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This entry was published on 2014-12-26
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SECTION 7-402
Duplicate Document of Title; Overissue
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 7, PART 4
Section 7--402. Duplicate Document of Title; 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 Section 7--105. The issuer is
liable for damages caused by its overissue or failure to identify a
duplicate document by a conspicuous notation.