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Searching 2023-2024 Session

The Vermont Statutes Online

The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.

NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.

Title 9A : Uniform Commercial Code

Article 007 : Documents of Title

(Cite as: 9A V.S.A. § 7-402)
  • § 7—402. Duplicate document of title; overissue

    A duplicate or any other document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer any right in the goods, except as provided in the case of tangible bills of lading in a set of parts, overissue of documents for fungible goods, substitutes for lost, stolen, or destroyed documents, or substitute documents issued pursuant to section 7—105 of this title. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)