Florida Statutes Part V - Warehouse Receipts And Bills Of Lading: Negotiation And Transfer (Ss. 677.501-677.509)

• 677.501 - Form Of Negotiation And Requirements Of Due Negotiation.
  (1) The following rules apply to a negotiable tangible document of title:(a) If the document’s original terms run to the order of a named person, the document...
• 677.502 - Rights Acquired By Due Negotiation.
  (1) Subject to ss. 677.205 and 677.503, a holder to which a negotiable document of title has been duly negotiated acquires thereby:(a) Title to the document;(b) Title to...
• 677.503 - Document Of Title To Goods Defeated In Certain Cases.
  (1) A document of title confers no right in goods against a person that before issuance of the document had a legal interest or a perfected...
• 677.504 - Rights Acquired In The Absence Of Due Negotiation; Effect Of Diversion; Stoppage Of Delivery.
  (1) A transferee of a document of title, whether negotiable or nonnegotiable, to which the document has been delivered but not duly negotiated, acquires the title...
• 677.505 - 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...
• 677.506 - 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...
• 677.507 - 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 the next following section, unless otherwise...
• 677.508 - 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...
• 677.509 - Adequate Compliance With Commercial Contract.
  Whether a document of title is adequate to fulfill the obligations of a contract for sale, the conditions of a letter of credit, or a...

Last modified: September 23, 2016