Iowa Code 554.7208 – Altered warehouse receipts
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 554.7208
- Electronic: means the same as defined in section 554D. See Iowa Code 554E.1
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.