Texas Business And Commerce Code Title 1, Chapter 7 - Documents Of Title

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 7.101 - Short Title
  This chapter may be cited as Uniform Commercial Code--Documents of Title. Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967....
• Texas Section 7.102 - Definitions And Index Of Definitions
  (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...
• Texas Section 7.103 - Relation Of Article To Treaty Or Statute
  (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...
• Texas Section 7.104 - Negotiable And Nonnegotiable Document Of Title
  (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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 7.202 - Form Of Warehouse Receipt
  (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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 7.301 - Liability For Nonreceipt Or Misdescription; "Said To Contain"; "Shipper's 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 7.304 - Tangible Bills Of Lading In 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...
• Texas Section 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...
• Texas Section 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. Acts 1967,...
• Texas Section 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...
• Texas Section 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...

SUBCHAPTER D WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS

• Texas Section 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...
• Texas Section 7.401 - Irregularities In Issue Of Receipt Or Bill Or Conduct Of Issuer
  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...
• Texas Section 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...
• Texas Section 7.403 - Obligation Of Warehouse Or Carrier 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),...

SUBCHAPTER E WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER

• Texas Section 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...
• Texas Section 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...
• Texas Section 7.502 - Rights Acquired By Due Negotiation
  (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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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...
• Texas Section 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 7.508, unless otherwise agreed, the...
• Texas Section 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...

SUBCHAPTER F WAREHOUSE RECEIPTS AND BILLS OF LADING: MISCELLANEOUS PROVISIONS

• Texas Section 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...
• Texas Section 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...
• Texas Section 7.602 - Attachment Of 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,...
• Texas Section 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...

Last modified: September 28, 2016