678.1071 – Whether indorsement, instruction, or entitlement order is effective.
678.1071 Whether indorsement, instruction, or entitlement order is effective.— (1) “Appropriate person” means: (a) With respect to an indorsement, the person specified by a security certificate or by an effective special indorsement to be entitled to the security; (b) With respect to an instruction, the registered owner of an uncertificated security; (c) With respect to an entitlement order, the entitlement […]
677.504 – Rights acquired in the absence of due negotiation; effect of diversion; stoppage of delivery.
677.504 Rights acquired in the absence of due negotiation; effect of diversion; stoppage of delivery.— (1) A transferee of a document of title, whether negotiable or nonnegotiable, to which the document has been delivered but not duly negotiated, acquires the title and rights that its transferor had or had actual authority to convey. (2) In the case of […]
677.302 – Through bills of lading and similar documents of title.
677.302 Through bills of lading and similar documents of title.— (1) The issuer of a through bill of lading, or other document of title embodying an undertaking to be performed in part by a person acting as its agent or by a performing carrier, is liable to any person entitled to recover on the bill or other […]
677.505 – Indorser not guarantor for other parties.
677.505 Indorser not guarantor for other parties.—The indorsement of a tangible document of title issued by a bailee does not make the indorser liable for any default by the bailee or previous indorsers. History.—s. 1, ch. 65-254; s. 49, ch. 2010-131. Note.—s. 7-505, U.C.C.; supersedes s. 678.47.
677.303 – Diversion; reconsignment; change of instructions.
677.303 Diversion; reconsignment; change of instructions.— (1) Unless the bill of lading otherwise provides, a carrier may deliver the goods to a person or destination other than that stated in the bill or may otherwise dispose of the goods, without liability for misdelivery, on instructions from: (a) The holder of a negotiable bill; (b) The consignor on a nonnegotiable […]
677.506 – Delivery without indorsement; right to compel indorsement.
677.506 Delivery without indorsement; right to compel indorsement.—The transferee of a negotiable tangible document of title has a specifically enforceable right to have its transferor supply any necessary indorsement but the transfer becomes a negotiation only as of the time the indorsement is supplied. History.—s. 1, ch. 65-254; s. 642, ch. 97-102; s. 50, ch. 2010-131. […]
677.304 – Tangible bills of lading in a set.
677.304 Tangible bills of lading in a set.— (1) Except as customary in international transportation, a tangible bill of lading may not be issued in a set of parts. The issuer is liable for damages caused by violation of this subsection. (2) If a tangible bill of lading is lawfully issued in a set of parts, each of […]
677.507 – Warranties on negotiation or delivery of document of title.
677.507 Warranties on negotiation or delivery of document of title.—If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under the next following section, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that: […]
677.305 – Destination bills.
677.305 Destination bills.— (1) Instead of issuing a bill of lading to the consignor at the place of shipment, a carrier, at the request of the consignor, may procure the bill to be issued at destination or at any other place designated in the request. (2) Upon request of any person entitled as against the carrier to control […]
677.508 – Warranties of collecting bank as to documents of title.
677.508 Warranties of collecting bank as to documents of title.—A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if […]