(a) A public warehouse operator may not issue a duplicate receipt or two receipts bearing the same number from the same warehouse during the same calendar year, except as provided by Subsection (b).
(b) If a receipt is lost or destroyed, the public warehouse operator shall issue a new receipt that:
(1) bears the same date and number as the original receipt;
(2) is plainly marked "duplicate" on its face; and
(3) is secured with a deposit:
(A) made by the person requesting the duplicate receipt; and
(B) acceptable to the warehouse operator to protect a person who may hold the original receipt in good faith and for valuable consideration.