§ 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 […]
§ 11-7-508. 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 the collecting bank or other intermediary has purchased […]
§ 11-7-306. Altered Bills of Lading
An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor. History. Code 1933, § 109A-7-306, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451. Editor’s notes. Ga. L. 2010, p. 481, § 3-1/HB 451, […]
§ 11-7-509. Adequate Compliance With Commercial Contract
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Article 2, 2A, or 5 of this title. History. Code 1933, § 109A-7-509, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. […]
§ 11-7-307. Lien of Carrier
A carrier has a lien on the goods covered by a bill of lading or on the proceeds thereof in its possession for charges after the date of the carrier’s receipt of the goods for storage or transportation, including demurrage and terminal charges, and for expenses necessary for preservation of the goods incident to their […]
§ 11-7-601. Lost, Stolen, or Destroyed Documents of Title
If a document of title is lost, stolen, or destroyed, a court may order delivery of the goods or issuance of a substitute document and the bailee may without liability to any person comply with the order. If the document was negotiable, a court may not order delivery of the goods or the issuance of […]