Altered Warehouse Receipts

5 CMC § 7208, under Warehouse Receipts: Special Provisions.

5 CMC § 7208

Altered Warehouse Receipts. Where a blank in a negotiable warehouse receipt has been filled in without authority, a purchaser for value and without notice of the want of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any receipt enforceable against the issuer according to its original tenor. Source: PL 3-56, § 1 (§ 7208).