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Code · Alaska · Title 45 · Chapter 7

Sec. 45.07.402. Duplicate document of title; overissue.

95 words·~1 min read·/ak/title-45/chapter-7/45-07-402

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Sec. 45.07.402. Duplicate document of title; overissue.
A duplicate or another document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer a 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 under AS 45.07.115 . The issuer is liable for damages caused by the issuer's overissue or failure to identify a duplicate document by a conspicuous notation.
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