Alabama Code (Last Updated: November 28, 2014) |
Title7 COMMERCIAL CODE. |
Article7. WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE. |
Part2. Warehouse Receipts: Special Provisions. |
§7-7-208. Altered warehouse receipts.
Latest version.
-
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.