§ 8.7-206. Termination of storage at warehouseman’s option
(1) A warehouseman may on notifying the person on whose account the goods are held and any other person known to claim an interest in the goods require payment of any charges and removal of the goods from the warehouse at the termination of the period of storage fixed by the document, or, if no […]
§ 8.7-207. Goods must be kept separate; fungible goods
(1) Unless the warehouse receipt otherwise provides, a warehouseman must keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods except that different lots of fungible goods may be commingled. (2) Fungible goods so commingled are owned in common by the persons entitled thereto […]
§ 8.7-203. Liability for nonreceipt or misdescription
A party to or purchaser for value in good faith of a document other than a bill of lading relying in either case upon the description therein of the goods may recover from the issuer damages caused by the nonreceipt or misdescription of the goods, except to the extent that the document conspicuously indicates that […]
§ 8.7-105. Repealed
Repealed by Acts 2004, c. 200.
§ 8.7-105.1. Reissuance in alternative medium
(1) Upon request of a person entitled under an electronic document, the issuer of the electronic document may issue a tangible document as a substitute for the electronic document if: (a) the person entitled under the electronic document surrenders control of the document to the issuer; and (b) the tangible document when issued contains a […]
§ 8.7-106. Control of electronic document
(1) A person has control of an electronic document if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to which the electronic document was issued or transferred. (2) A system satisfies subsection (1), and a person is deemed to have control of an […]
§ 8.7-201. Who may issue a warehouse receipt; storage under government bond
(1) A warehouse receipt may be issued by any warehouseman. (2) Where goods including distilled spirits and agricultural commodities are stored under a statute requiring a bond against withdrawal or a license for the issuance of receipts in the nature of warehouse receipts, a receipt issued for the goods has like effect as a warehouse […]
§ 8.7-202. Form of warehouse receipt; essential terms; optional terms
(1) A warehouse receipt need not be in any particular form. (2) Unless a warehouse receipt provides for each of the following, the warehouseman is liable for damages caused by the omission to a person injured thereby: (a) the location of the warehouse where the goods are stored; (b) the date of issue of the […]
§ 8.7-101. Short title
This title shall be known and may be cited as Uniform Commercial Code — Documents of Title. 1964, c. 219.
§ 8.7-102. Definitions and index of definitions
(1) In this title, unless the context otherwise requires: (a) “Bailee” means the person who by a warehouse receipt, bill of lading or other document acknowledges possession of goods and contracts to deliver them. (b) “Carrier” means a person that issues a bill of lading. (c) “Consignee” means the person named in a bill to […]