US Lawyer Database

11 §7-1601. Lost, stolen or destroyed documents of title

§7-1601. Lost, stolen or destroyed documents of title (1).  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 […]

11 §7-1603. Conflicting claims; interpleader

§7-1603. 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 […]

11 §7-1701. Effective date

§7-1701. Effective date This Article takes effect February 15, 2010.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).] SECTION HISTORY PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).

11 §7-1702. Applicability

§7-1702. Applicability This Article applies to a document of title that is issued or a bailment that arises on or after the effective date of this Article. This Article does not apply to a document of title that is issued or a bailment that arises before the effective date of this Article even if the […]

11 §7-1703. Savings clause

§7-1703. Savings clause A document of title issued or a bailment that arises before February 15, 2010 and the rights, obligations and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if amendment or repeal had not occurred and may be terminated, […]

11 §7-1303. Diversion; reconsignment; change of instructions

§7-1303. 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;   […]

11 §7-1506. Delivery without indorsement; right to compel indorsement

§7-1506. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL […]

11 §7-1304. Tangible bills of lading in a set

§7-1304. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. […]

11 §7-1507. Warranties on negotiation or delivery of document of title

§7-1507. 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 section 7-1508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that: […]