§7-1208. Altered warehouse receipts
If a blank in a negotiable tangible warehouse receipt has been filled in without authority, a good faith purchaser for value and without notice of the lack of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor. [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 7-A: DOCUMENTS OF TITLE
Part 2: WAREHOUSE RECEIPTS: SPECIAL PROVISIONS
11 §7-1201. Person that may issue a warehouse receipt; storage under bond
11 §7-1202. Form of warehouse receipt; effect of omission
11 §7-1203. Liability for nonreceipt or misdescription
11 §7-1204. Duty of care; contractual limitation of warehouse's liability
11 §7-1205. Title under warehouse receipt defeated in certain cases
11 §7-1206. Termination of storage at warehouse's option
11 §7-1207. Goods must be kept separate; fungible goods