§ 25-7-402. Duplicate document of title; overissue. - North Carolina Statutes

§ 25‑7‑402. Duplicate document of title; overissue.

A duplicate or any otherdocument of title purporting to cover goods already represented by anoutstanding 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, ordestroyed documents, or substitute documents issued pursuant to G.S. 25‑7‑105.The issuer is liable for damages caused by its overissue or failure to identifya duplicate document by a conspicuous notation. (1917, c. 37, s. 6; 1919, c.65, s. 5; C.S., ss. 287, 4047; 1965, c. 700, s. 1; 2006‑112, s. 25.)