11 §7-1307. Lien of carrier
§7-1307. Lien of carrier (1). 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 […]
11 §7-1308. Enforcement of carrier’s lien
§7-1308. Enforcement of carrier’s lien (1). A carrier’s lien on goods may be enforced by public or private sale of the goods, in bulk or in packages, at any time or place and on any terms that are commercially reasonable, after notifying all persons known to claim an interest in the goods. The notification must […]
11 §7-1309. Duty of care; contractual limitation of carrier’s liability
§7-1309. Duty of care; contractual limitation of carrier’s liability (1). A carrier that issues a bill of lading, whether negotiable or nonnegotiable, shall exercise the degree of care in relation to the goods that a reasonably careful person would exercise under similar circumstances. This subsection does not affect any statute, regulation or rule of law […]
11 §7-1401. Irregularities in issue of receipt or bill or conduct of issuer
§7-1401. Irregularities in issue of receipt or bill or conduct of issuer The obligations imposed by this Article on an issuer apply to a document of title even if: [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).] (1). The document does not comply with the requirements […]
11 §7-1402. Duplicate document of title; overissue
§7-1402. Duplicate document of title; overissue A duplicate or any other document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer any right in the goods, except as provided in the case of tangible bills of lading in a set of parts, overissue of documents […]
11 §7-1403. Obligation of bailee to deliver; excuse
§7-1403. Obligation of bailee to deliver; excuse (1). A bailee shall deliver the goods to a person entitled under a document of title if the person complies with subsections (2) and (3), unless and to the extent that the bailee establishes any of the following: (a). Delivery of the goods to a person whose […]
11 §7-1207. Goods must be kept separate; fungible goods
§7-1207. Goods must be kept separate; fungible goods (1). Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled. [PL 2009, c. 324, Pt. A, […]
11 §7-1208. Altered warehouse receipts
§7-1208. Altered warehouse receipts If a blank in a negotiable tangible warehouse receipt has been filled in without authority, a good faith purchaser for value and without notice of the lack of authority may treat the insertion as authorized. Any other unauthorized alteration leaves any tangible or electronic warehouse receipt enforceable against the issuer according […]
11 §7-1209. Lien of warehouse
§7-1209. Lien of warehouse (1). A warehouse has a lien against the bailor on the goods covered by a warehouse receipt or storage agreement or on the proceeds thereof in its possession for charges for storage or transportation, including demurrage and terminal charges, insurance, labor or other charges, present or future, in relation to the […]
11 §7-1210. Enforcement of warehouse’s lien
§7-1210. Enforcement of warehouse’s lien (1). Except as otherwise provided in subsection (2), a warehouse’s lien may be enforced by public or private sale of the goods, in bulk or in packages, at any time or place and on any terms that are commercially reasonable, after notifying all persons known to claim an interest in […]