13 Pennsylvania Consolidated Statutes Chapter 75 - Warehouse Receipts And Bills Of Lading: Negotiation And Transfer

Chapter Notes
Section 7501 - Form Of Negotiation And Requirements Of Due Negotiation
(a) Tangible documents.--The following rules apply to a negotiable tangible document of title: (1) If the document's original terms run to the order of...
Section 7502 - Rights Acquired By Due Negotiation
(a) Rights.--Subject to sections 7205 (relating to title under warehouse receipt defeated in certain cases) and 7503 (relating to document of title to goods...
Section 7503 - Document Of Title To Goods Defeated In Certain Cases
(a) General rule.--A document of title confers no right in goods against a person that before issuance of the document had a legal interest...
Section 7504 - Rights Acquired In Absence Of Due Negotiation; Effect Of Diversion; Stoppage Of Delivery
§ 7504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery. (a) Transferee.--A transferee of a document of title, whether...
Section 7505 - 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...
Section 7506 - Delivery Without Indorsement; Right To Compel Indorsement
§ 7506. Delivery without indorsement; right to compel indorsement. The transferee of a negotiable tangible document of title has a specifically enforceable right to...
Section 7507 - Warranties On Negotiation Or Delivery Of Document Of Title
§ 7507. Warranties on negotiation or delivery of document of title. If a person negotiates or delivers a document of title for value, otherwise...
Section 7508 - 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...
Section 7509 - 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: October 8, 2016