Utah Code 70A-7a-208. Altered warehouse receipts
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Terms Used In Utah Code 70A-7a-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 Utah Code 70A-7a-102
- Warehouse: means a person engaged in the business of storing goods for hire. See Utah Code 70A-7a-102
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.
Enacted by Chapter 42, 2006 General Session