26-1-7-504. Rights Acquired in the Absence of Due Negotiation; Effect of Diversion; Seller’s Stoppage of Delivery
Sec. 504. (a) 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 the transferor had or had actual authority to convey. (b) In the case of a transfer of a nonnegotiable document of title, until but […]
26-1-7-302. Through Bills of Lading and Similar Documents
Sec. 302. (a) 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 document for any breach by the […]
26-1-7-505. Endorser Not a Guarantor for Other Parties
Sec. 505. The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or previous endorsers. Formerly: Acts 1963, c.317, s.7-505. As amended by P.L.143-2007, SEC.56.
26-1-7-303. Diversion; Reconsignment; Change of Instructions
Sec. 303. (a) 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: (1) the holder of a negotiable bill; (2) the consignor on a nonnegotiable […]
26-1-7-506. Delivery Without Endorsement; Right to Compel Endorsement
Sec. 506. The transferee of a negotiable tangible document of title has a specifically enforceable right to have the transferor supply any necessary endorsement but the transfer becomes a negotiation only as of the time the endorsement is supplied. Formerly: Acts 1963, c.317, s.7-506. As amended by P.L.143-2007, SEC.57.
26-1-7-304. Bills of Lading in a Set
Sec. 304. (a) 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. (b) If a tangible bill of lading is lawfully issued in a set of parts, each of which contains an […]
26-1-7-507. Warranties on Negotiation or Transfer of Receipt or Bill
Sec. 507. If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under section 508 of this chapter, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that: (1) the document is genuine; […]
26-1-7-305. Destination Bills
Sec. 305. (a) Instead of issuing a bill of lading to the consignor at the place of shipment, a carrier may at the request of the consignor procure the bill to be issued at a destination or at any other place designated in the request. (b) Upon request of any person entitled as against a […]
26-1-7-306. Altered Bills of Lading
Sec. 306. An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor. Formerly: Acts 1963, c.317, s.7-306.
26-1-7-307. Lien of Carrier
Sec. 307. (a) A carrier has a lien on the goods covered by a bill of lading or on the proceeds from the goods 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 […]