Section 7-101 – Short Title

    This title may be cited as the Maryland Uniform Commercial Code – Documents of Title.

Section 7-102 – Definitions and Index of Definitions

    (a)    In this title, unless the context otherwise requires:         (1)    “Bailee” means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them.         (2)    “Carrier” means a person that issues a bill of lading.         (3)    “Consignee” means a person named in a bill of lading to […]

Section 7-103 – Relation of Title to Treaty, Statute, Regulation; Bailments; Electronic Signatures in Global and National Commerce Act; Title 21 of This Article

    (a)    This title is subject to any treaty or statute of the United States or regulatory statute of this State to the extent the treaty, statute, or regulatory statute is applicable.     (b)    This title does not modify or repeal any law prescribing the form or content of a document of title or the services or facilities to […]

Section 7-104 – Negotiable and Nonnegotiable Documents of Title

    (a)    Except as otherwise provided in subsection (c), a document of title is negotiable if by its terms the goods are to be delivered to bearer or to the order of a named person.     (b)    A document of title other than one described in subsection (a) is nonnegotiable. A bill of lading that states that the goods […]

Section 7-105 – Electronic and Tangible Documents of Title

    (a)    Upon request of a person entitled under an electronic document of title, the issuer of the electronic document may issue a tangible document of title as a substitute for the electronic document if:         (1)    The person entitled under the electronic document surrenders control of the document to the issuer; and         (2)    The tangible document when issued contains […]

Section 7-106 – Control of Electronic Documents of Title; Systems

    (a)    A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to which the electronic document was issued or transferred.     (b)    A system satisfies subsection (a), and a person is deemed to have control of an […]