Rhode Island General Laws 6A-7-208. 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.
History of Section.
P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.
Terms Used In Rhode Island General Laws 6A-7-208
- 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 Rhode Island General Laws 6A-7-102
- Warehouse: means a person engaged in the business of storing goods for hire. See Rhode Island General Laws 6A-7-102