28-7-402. 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 28-7-105. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.
History:
[28-7-402, added 2004, ch. 42, sec. 2, p. 91.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 7 - DOCUMENTS OF TITLE
Part 4 - WAREHOUSE RECEIPTS AND BILLS OF LADING — GENERAL OBLIGATIONS
Section 28-7-401 - IRREGULARITIES IN ISSUE OF RECEIPT OR BILL OR CONDUCT OF ISSUER.
Section 28-7-402 - DUPLICATE DOCUMENT OF TITLE — OVERISSUE.
Section 28-7-403 - OBLIGATION OF BAILEE TO DELIVER — EXCUSE.
Section 28-7-404 - NO LIABILITY FOR GOOD-FAITH DELIVERY PURSUANT TO DOCUMENT OF TITLE.