Oregon Statutes 77.2080 – Altered warehouse receipts
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If a blank in a negotiable tangible warehouse receipt has been filled in without authority, a good-faith purchaser for value and without notice of the lack of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor. [1961 c.726 § 77.2080; 2009 c.181 § 62]
Terms Used In Oregon Statutes 77.2080
- Issuer: means a bailee that issues a document of title or, in the case of an unaccepted delivery order, the person that orders the possessor of goods to deliver. See Oregon Statutes 77.1020
- Warehouse: means a person engaged in the business of storing goods for hire. See Oregon Statutes 77.1020