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Home » US Law » 2020 Arkansas Code » Title 4 - Business and Commercial Law » Subtitle 1 - Uniform Commercial Code » Chapter 7 - Documents of Title » Part 4 - Warehouse Receipts and Bills of Lading: General Obligations

§ 4-7-401. Irregularities in issue of receipt or bill or conduct of issuer

The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issuance, form, or content; (2) the issuer violated laws regulating the conduct of its business; (3) […]

§ 4-7-402. 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, […]

§ 4-7-403. Obligation of bailee to deliver — Excuse

(a) A bailee shall deliver the goods to a person entitled under a document of title if the person complies with subsections (b) and (c), unless and to the extent that the bailee establishes any of the following: (1) delivery of the goods to a person whose receipt was rightful as against the claimant; (2) […]