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Texas Business & Commerce Code

§ 251.005 — WAREHOUSEMAN ISSUING DUPLICATE OR ADDITIONAL WAREHOUSE RECEIPT

BC § 251.005Title 7. RECEIPTS, DOCUMENTS OF TITLE, AND OTHER INSTRUMENTS · Ch. 251. WAREHOUSE RECEIPTS

Statute text

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(a)A warehouseman may not issue a duplicate or additional negotiable warehouse receipt for goods if the warehouseman knows at the time of issuance that a previously issued negotiable warehouse receipt describing the goods is outstanding and uncanceled.
(b)This section does not apply if:
(1)the word "duplicate" is plainly placed on the duplicate or additional negotiable warehouse receipt; or
(2)goods described in the outstanding and uncanceled negotiable warehouse receipt were delivered under a court order on proof that the receipt was lost or destroyed.
(c)A warehouseman who violates this section commits an offense. An offense under this section is a felony punishable by:
(1)imprisonment in the Texas Department of Criminal Justice for a term of not more than five years;

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 251.005 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.