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.
Structure New York Laws
Article 7 - Documents of Title
Part 4 - Warehouse Receipts and Bills of Lading: General Obligations
7-401 - Irregularities in Issue of Receipt or Bill or Conduct of Issuer.
7-402 - Duplicate Document of Title; Overissue.
7-403 - Obligation of Bailee to Deliver; Excuse.
7-404 - No Liability for Good-Faith Delivery Pursuant to Document of Title.