§ 11-7-603. Conflicting Claims; Interpleader
If more than one person claims title to or possession of the goods, the bailee is excused from delivery until the bailee has a reasonable time to ascertain the validity of the adverse claims or to commence an action for interpleader. The bailee may assert an interpleader either in defending an action for nondelivery of […]
§ 11-7-404. No Liability for Good-Faith Delivery Pursuant to Document of Title
A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of the document of title or pursuant to this article is not liable for the goods even if: The person from which the bailee received the goods did not have authority to procure the […]
§ 11-7-501. Form of Negotiation and Requirements of Due Negotiation
The following rules apply to a negotiable tangible document of title: If the document’s original terms run to the order of a named person, the document is negotiated by the named person’s indorsement and delivery. After the named person’s indorsement in blank or to bearer, any person may negotiate the document by delivery alone; If […]
§ 11-7-502. Rights Acquired by Due Negotiation
Subject to Code Sections 11-7-205 and 11-7-503, a holder to which a negotiable document of title has been duly negotiated acquires thereby: Title to the document; Title to the goods; All rights accruing under the law of agency or estoppel, including rights to goods delivered to the bailee after the document was issued; and The […]
§ 11-7-503. Document of Title to Goods Defeated in Certain Cases
A document of title confers no right in goods against a person that before issuance of the document had a legal interest or a perfected security interest in the goods and that did not: Deliver or entrust the goods or any document of title covering the goods to the bailor or the bailor’s nominee with: […]
§ 11-7-504. Rights Acquired in the Absence of Due Negotiation; Effect of Diversion; Stoppage of Delivery
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. In the case of a transfer of a nonnegotiable document of title, until but not after the bailee […]
§ 11-7-505. 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. Code 1933, § 109A-7-505, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451. Editor’s notes. Ga. L. 2010, p. […]
§ 11-7-506. 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. Code 1933, § 109A-7-506, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. […]
§ 11-7-507. 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 Code Section 11-7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that: The document is genuine; The transferor does not have […]
§ 11-7-305. Destination Bills
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. Upon request of any person entitled as against the carrier to control the goods […]