Arkansas Code Title 4, Subtitle 1, Chapter 7, Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer

• § 4-7-501 - 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...
• § 4-7-502 - Rights Acquired by Due Negotiation.
  (a) Subject to §§ 4-7-205 and 4-7-503, a holder to which a negotiable document of title has been duly negotiated acquires thereby: (1) title...
• § 4-7-503 - 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...
• § 4-7-504 - 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...
• § 4-7-505 - 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...
• § 4-7-506 - 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...
• § 4-7-507 - 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 § 4-7-508, unless otherwise agreed,...
• § 4-7-508 - 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...
• § 4-7-509 - 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...

Last modified: November 15, 2016