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Texas Business & Commerce Code - Chapter 7 Documents Of TitleLegal Research Home > Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Chapter 7 Documents Of Title This chapter may be cited as Uniform Commercial Code--Documents of Title. Acts 1967, 60th Leg., p. 2343, ch. 785, § 1, eff. Sept. 1, 1967. ... (a) In this chapter, unless the context otherwise requires: (1) "Bailee" means a person that by a warehouse receipt, bill of lading, or other document ... (a) This chapter is subject to any treaty or statute of the United States or a regulatory statute of this state to the extent the ... (a) A document of title is negotiable if by its terms the goods are to be delivered to bearer or to the order of a ... (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 ... (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 ... (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) A warehouse receipt need not be in any particular form. (b) Unless a warehouse receipt provides for each of the following, the warehouse is ... 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 ... (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 ... 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 ... (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 ... (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 ... 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 ... (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 ... (a) Except as otherwise provided in Subsection (b), a warehouse's lien may be enforced by public or private sale of the goods, in bulk or ... (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 ... (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 ... (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 ... (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 ... (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 ... An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor. Acts 1967, ... (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 ... (a) 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 ... (a) A carrier that issues a bill of lading, whether negotiable or nonnegotiable, shall exercise the degree of care in relation to the goods which ... The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the ... 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 ... (a) A bailee shall deliver the goods to a person entitled under a document of title if the person complies with Subsections (b) and (c), ... A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of a document of ... (a) The following rules apply to a negotiable tangible document of title: (1) If the document's original terms run to the order of a named ... (a) Subject to Sections 7.205 and 7.503, a holder to which a negotiable document of title has been duly negotiated acquires thereby: (1) title to ... (a) A document of title confers no right in goods against a person that before issuance of the document had a legal interest or a ... (a) A transferee of a document of title, whether negotiable or nonnegotiable, to which the document has been delivered but not duly negotiated, acquires the ... The indorsement of a tangible document of title issued by a bailee does not make the indorser liable for any default by the bailee or ... 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 ... If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7.508, unless otherwise agreed, the ... A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or ... Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a ... (a) If a document of title is lost, stolen, or destroyed, a court may order delivery of the goods or issuance of a substitute document ... Unless a document of title was originally issued upon delivery of the goods by a person that did not have power to dispose of them, ... 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 ... Last modified: August 10, 2007 |