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Commercial Code - COM - COM § 6110
Commercial Code - COM - COM § 6110
(a) Except as provided in subdivision (b), an action under this division against a buyer, auctioneer, or liquidator shall be commenced within one year after the date of the bulk sale. (b) If the buyer, auctioneer, or liquidator conceals the fact that the sale has occurred, the li
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Commercial Code - COM - COM § 6111
Commercial Code - COM - COM § 6111
(a) Except to the extent provided in subdivision (b), this division shall apply to a bulk sale if the date of the bulk sale is on or after January 1, 1991. (b) If the date of a bulk sale is on or after January 1, 1991, and the date of the bulk-sale agreement is before January 1,
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Commercial Code - COM - COM § 7101
Commercial Code - COM - COM § 7101
This division may be cited as the Uniform Commercial Code—Documents of Title.
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Commercial Code - COM - COM § 7102
Commercial Code - COM - COM § 7102
(a) In this division, 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 ladi
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Commercial Code - COM - COM § 7103
Commercial Code - COM - COM § 7103
(a) This division 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 division does not modify or repeal any law prescribing the form or content of a document
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Commercial Code - COM - COM § 7104
Commercial Code - COM - COM § 7104
(a) Except as otherwise provided in subdivision (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 subdivision (a) is nonnegotiable. A bill of lading
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Commercial Code - COM - COM § 7105
Commercial Code - COM - COM § 7105
(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 th
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Commercial Code - COM - COM § 7106
Commercial Code - COM - COM § 7106
(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 s
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Commercial Code - COM - COM § 7201
Commercial Code - COM - COM § 7201
(a) A warehouse receipt may be issued by any warehouse. (b) If goods, including distilled spirits and agricultural commodities, are stored under a statute requiring a bond against withdrawal or a license for the issuance of receipts in the nature of warehouse receipts, a receipt
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Commercial Code - COM - COM § 7202
Commercial Code - COM - COM § 7202
(a) A warehouse receipt need not be in any particular form. (b) Unless a warehouse receipt provides for each of the following, the warehouse is liable for damages caused to a person injured by its omission: (1) a statement of the location of the warehouse facility where the goods
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Commercial Code - COM - COM § 7203
Commercial Code - COM - COM § 7203
A party to or purchaser for value in good faith of a document of title, other than a bill of lading, that relies upon the description of the goods in the document may recover from the issuer damages caused by the nonreceipt or misdescription of the goods, except to the extent tha
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Commercial Code - COM - COM § 7204
Commercial Code - COM - COM § 7204
(a) A warehouse is liable for damages for loss of or injury to the goods caused by its failure to exercise care with regard to the goods that a reasonably careful person would exercise under similar circumstances. Unless otherwise agreed, the warehouse is not liable for damages t
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Commercial Code - COM - COM § 7205
Commercial Code - COM - COM § 7205
A buyer in ordinary course of business of fungible goods sold and delivered by a warehouse that is also in the business of buying and selling such goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.
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Commercial Code - COM - COM § 7206
Commercial Code - COM - COM § 7206
(a) A warehouse, by giving notice to the person on whose account the goods are held and any other person known to claim an interest in the goods, may require payment of any charges and removal of the goods from the warehouse at the termination of the period of storage fixed by th
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Commercial Code - COM - COM § 7207
Commercial Code - COM - COM § 7207
(a) 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. (b) If different lots of fu
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Commercial Code - COM - COM § 7208
Commercial Code - COM - COM § 7208
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 ware
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Commercial Code - COM - COM § 7209
Commercial Code - COM - COM § 7209
(a) 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, pre
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Commercial Code - COM - COM § 7210
Commercial Code - COM - COM § 7210
(a) Except as otherwise provided in subdivision (b), 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 i
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Commercial Code - COM - COM § 7301
Commercial Code - COM - COM § 7301
(a) A consignee of a nonnegotiable bill of lading which has given value in good faith, or a holder to which a negotiable bill has been duly negotiated, relying upon the description of the goods in the bill or upon the date shown in the bill, may recover from the issuer damages ca
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Commercial Code - COM - COM § 7302
Commercial Code - COM - COM § 7302
(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 othe
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Commercial Code - COM - COM § 7303
Commercial Code - COM - COM § 7303
(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)
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Commercial Code - COM - COM § 7304
Commercial Code - COM - COM § 7304
(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 subdivision. (b) If a tangible bill of lading is lawfully issued in a set of parts, each of which c
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Commercial Code - COM - COM § 7305
Commercial Code - COM - COM § 7305
(a) Instead of issuing a bill of lading to the consignor at the place of shipment, a carrier, at the request of the consignor, may procure the bill to be issued at destination or at any other place designated in the request. (b) Upon request of any person entitled as against a ca
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Commercial Code - COM - COM § 7306
Commercial Code - COM - COM § 7306
An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor.
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Commercial Code - COM - COM § 7307
Commercial Code - COM - COM § 7307
(a) 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