Section 11-901 – “Person” Defined
In this subtitle, “person” means an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity.
Section 11-707 – Private Litigation Unaffected
This subtitle does not modify any right of a person in private litigation.
Section 11-801 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Consignee” means a commercial agent who is: (1) Entrusted with the possession of goods or agricultural products, by or for the owner, to be sold for compensation in the ordinary course of the agent’s trade or business; and (2) Generally known by those dealing with him to […]
Section 11-802 – Consignee’s Lien
A consignee is entitled to a lien on goods shipped or consigned to him for any money or negotiable instrument advanced or given to or for the use of the person in whose name the goods were shipped or consigned, unless the consignee has notice that the person is not the true owner of the […]
Section 11-803 – Consignee Holding Possessory Document Considered Owner of Goods
(a) Except as provided by subsection (b) of this section, a consignee entrusted with and in possession of a possessory document is considered the true owner of the goods described in the document for the purpose of any contract with a third person for: (1) The sale or disposal of the goods; or (2) The pledge or deposit […]
Section 11-804 – Contract Between Consignee and Third Person
(a) Except as provided in subsection (b) of this section, if in the ordinary course of business a contract for sale of goods is made between a consignee and a third person, the contract and any payment made in the ordinary course of business for the goods under the contract is valid against the owner of […]
Section 11-805 – Deposit or Pledge With Third Person
(a) Except as provided in subsection (c) of this section, if a third person takes goods or a possessory document in deposit or pledge as security for a preexisting debt or demand from any other person entrusted with them or to whom they are consigned or who is entrusted with and in possession of a possessory […]
Section 11-806 – Debt of Consignee Due Purchaser or Pledgee
Unless a third person contracts for or receives goods on deposit or pledge without knowledge that a consignee is not authorized to sell, deposit, or pledge the goods, a claim or demand of setoff of a debt due by the consignee is not allowed against his principal in favor of the third person.
Section 11-807 – Legal and Equitable Rights of Owner Against Consignee Not Affected
Nothing in this subtitle deprives an owner of goods of any remedy which he might have against a consignee on any matter or contract between them or for the violation of any engagement, duty, or debt for which the consignee is liable, subject, however, to the right of the consignee to have the benefit of […]
Section 11-503 – Special Cost Provisions
(a) In a wholesale sale of cigarettes, the presumptive wholesale markup of 5 percent provided for in § 11-501(e) of this subtitle may be reduced by 2 cents for each carton of 200 cigarettes, if: (1) The cigarettes are not delivered unless their full price is received by the wholesaler at or before delivery; and (2) The purchaser […]