Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 7. WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE |
Part 2. WAREHOUSE RECEIPTS: SPECIAL PROVISIONS |
Section 7--208. Altered Warehouse Receipts
Latest version.
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Where a blank in a negotiable warehouse receipt has been filled in without authority, a purchaser for value and without notice of the want of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any receipt enforceable against the issuer according to its original tenor.