Ky. Rev. Stat. § 355.7-208

Current through Acts Received April 24, 2024
Section 355.7-208 - Altered warehouse receipts

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.

KRS 355.7-208

Repealed and reenacted by 2012 Ky. Acts ch. 132,§ 14, eff. 7/11/2012.
Created 1958 Ky. Acts ch. 77, sec. 7-208, effective 7/1/1960.