Altered warehouse receipts - UCC 7-208
Known as the Uniform Commercial Code
The act spans §§ 1307–1307 (43 sections).
Effective: June 29, 2011; Latest Legislation: House Bill 9 - 129th General Assembly
Altered warehouse receipts [UCC 7-208]
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.
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.