Code of Alabama - Title 7: Commercial Code - Article 7 - Warehouse Receipts, Bills of Lading and Other Documents of Title

• Part 1 General.
• Section 7-7-101 Short title
  This article may be cited as Uniform Commercial Code Documents of Title.
• Section 7-7-102 Definitions and index of definitions
  (a) In this article, unless the context otherwise requires: (1) "Bailee" means a person that by a warehouse receipt, bill of lading, or other document...
• Section 7-7-103 Relation of article to treaty or statute
  (a) This article is subject to any treaty or statute of the United States or regulatory statute of this state to the extent the treaty,...
• Section 7-7-104 Negotiable and nonnegotiable document 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...
• Section 7-7-105 Reissuance in alternative medium
  (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...
• Section 7-7-106 Control of electronic document of title
  (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...
• Part 2 Warehouse Receipts: Special Provisions.
• Section 7-7-201 Person that may issue a warehouse receipt; storage under bond
  (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...
• Section 7-7-202 Form of warehouse receipt; effect of omission
  (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...
• Section 7-7-203 Liability for nonreceipt or misdescription
  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...
• Section 7-7-204 Duty of care; contractual limitation of warehouse's liability
  (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...
• Section 7-7-205 Title under warehouse receipt defeated in certain cases
  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...
• Section 7-7-206 Termination of storage at warehouse's option
  (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...
• Section 7-7-207 Goods must be kept separate; fungible goods
  (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...
• Section 7-7-208 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...
• Section 7-7-209 Lien of warehouse
  (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...
• Section 7-7-210 Enforcement of warehouse's lien
  (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...
• Part 3 Bills of Lading: Special Provisions.
• Section 7-7-301 Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load, and count"; improper handling
  (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...
• Section 7-7-302 Through bills of lading and similar documents of title
  (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...
• Section 7-7-303 Diversion; reconsignment; change of instructions
  (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...
• Section 7-7-304 Tangible bills of lading in a set
  (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...
• Section 7-7-305 Destination bills
  (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...
• Section 7-7-306 Altered bills of lading
  An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor.
• Section 7-7-307 Lien of carrier
  (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...
• Section 7-7-308 Enforcement of carrier's lien
  (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...
• Section 7-7-309 Duty of care; contractual limitation of carrier's liability
  (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...
• Part 4 Warehouse Receipts and Bills of Lading: General Obligations.
• Section 7-7-401 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: (1) The document does not comply with the...
• Section 7-7-402 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...
• Section 7-7-403 Obligation of bailee to deliver; excuse
  (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),...
• Section 7-7-404 No liability for good faith delivery pursuant to document of title
  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...
• Part 5 Warehouse Receipts and Bills of Lading: Negotiation and Transfer.
• Section 7-7-501 Form of negotiation and requirements of due negotiation
  (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...
• Section 7-7-502 Rights acquired by due negotiation
  (a) Subject to Sections 7-7-205 and 7-7-503, a holder to which a negotiable document of title has been duly negotiated acquires thereby: (1) Title to...
• Section 7-7-503 Document of title to goods defeated in certain cases
  (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...
• Section 7-7-504 Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery
  (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...
• Section 7-7-505 Indorser not guarantor for other parties
  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...
• Section 7-7-506 Delivery without indorsement: right to compel indorsement
  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...
• Section 7-7-507 Warranties on negotiation or delivery of document of title
  If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7-7-508, unless otherwise agreed, the...
• Section 7-7-508 Warranties of collecting bank as to documents of title
  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...
• Section 7-7-509 Adequate compliance with commercial contract
  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...
• Part 6 Warehouse Receipts and Bills of Lading: Miscellaneous Provisions.
• Section 7-7-601 Lost, stolen, or destroyed documents of title
  (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...
• Section 7-7-602 Judicial process against goods covered by negotiable document of title
  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,...
• Section 7-7-603 Conflicting claims; interpleader
  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...
• Part 7 Miscellanous Provisions.
• Section 7-7-701 Effective date
  This article takes effect on January 1, 2005.
• Section 7-7-702 Repeals
  Existing Sections 7-7-101 through 7-7-603 and Section 7-10-104, are repealed.
• Section 7-7-703 Applicability
  This article applies to a document of title that is issued or a bailment that arises on or after January 1, 2005. This article does...
• Section 7-7-704 Savings clause
  A document of title issued or a bailment that arises before January 1, 2005, and the rights, obligations, and interests flowing from that document or...

Last modified: May 3, 2021