Alaska Stat. § 45.07.402
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
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.
AS 45.07.402