Ohio Revised Code Search
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Section 1307.105 | Reissuance in alternative medium - UCC 7-105.
... (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 title as a substitute for the electronic document if: (1) The person entitled under the electronic document surrenders control of the document to the issuer; and (2) The tangible document when issued contains a statement that it is issued in substitution for the ... |
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Section 1307.106 | Control of electronic document of title - UCC 7-106.
...e copy of the document exists which is unique, identifiable, and, except as otherwise provided in divisions (B)(4), (5), and (6) of this section, unalterable; (2) The authoritative copy identifies the person asserting control as: (a) The person to which the document was issued; or (b) If the authoritative copy indicates that the document has been transferred, the person to which the document was most recently... |
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Section 1307.201 | Person that may issue a warehouse receipt; storage under bond - UCC 7-201.
...ring a bond against withdrawal or a license for the issuance of receipts in the nature of warehouse receipts, a receipt issued for the goods is deemed to be a warehouse receipt even if issued by a person that is the owner of the goods and is not a warehouse. |
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Section 1307.202 | Form of warehouse receipt; effect of omission - UCC 7-202.
... injured by its omission: (1) A statement of the location of the warehouse facility where the goods are stored; (2) The date of issue of the receipt; (3) The unique identification code of the receipt; (4) A statement whether the goods received will be delivered to the bearer, to a named person, or to a named person or its order; (5) The rate of storage and handling charges, unless goods are stored under a f... |
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Section 1307.203 | Liability for nonreceipt or misdescription - UCC 7-203.
...d by "contents, condition, and quality unknown", "said to contain", or words of similar import, if the indication is true; or (B) The party or purchaser otherwise has notice of the nonreceipt or misdescription. |
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Section 1307.204 | Duty of care; contractual limitation of warehouse's liability - UCC 7-204.
...iable for damages that could not have been avoided by the exercise of that care. (B) Damages may be limited by a term in the warehouse receipt or storage agreement limiting the amount of liability in case of loss or damage beyond which the warehouse is not liable. Such a limitation is not effective with respect to the warehouse's liability for conversion to its own use. On request of the bailor in a record at ... |
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Section 1307.205 | Title under warehouse receipt defeated in certain cases - UCC 7-205.
... any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated. |
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Section 1307.206 | Termination of storage at warehouse's option - UCC 7-206.
... of storage fixed by the document of title or, if a period is not fixed, within a stated period not less than thirty days after the warehouse gives notice. If the goods are not removed before the date specified in the notice, the warehouse may sell them pursuant to section 1307.210 of the Revised Code. (B) If a warehouse in good faith believes that the goods are about to deteriorate or decline in value to less ... |
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Section 1307.207 | Goods must be kept separate; fungible goods - UCC 7-207.
...receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled. (B) If different lots of fungible goods are commingled, the goods are owned in common by the persons entitled thereto and the warehouse is severally liable to each owner for that owner's share. If, because of overissue, a mass of fungible goods is insufficient to meet a... |
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Section 1307.208 | Altered warehouse receipts - UCC 7-208.
...the insertion as authorized. Any other unauthorized alteration leaves any tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor. |
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Section 1307.209 | Lien of warehouse - UCC 7-209.
...in relation to other goods whenever deposited and it is stated in the warehouse receipt or storage agreement that a lien is claimed for charges and expenses in relation to other goods, the warehouse also has a lien against the goods covered by the warehouse receipt or storage agreement or on the proceeds thereof in its possession for those charges and expenses, whether or not the other goods have been delivered... |
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Section 1307.210 | Enforcement of warehouse's lien - UCC 7-210.
...o all other rights allowed by law to a creditor against a debtor. (H) If a lien is on goods stored by a merchant in the course of its business, the lien may be enforced in accordance with division (A) or (B) of this section. (I) A warehouse is liable for damages caused by failure to comply with the requirements for sale under this section and, in case of willful violation, is liable for conversion. |
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Section 1307.301 | Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load, and count"; improper handling - UCC 7-301.
...negotiable bill of lading which has given value in good faith, or a holder to which a negotiable bill has been duly negotiated, relying upon the description of the goods in the bill or upon the date shown in the bill, may recover from the issuer damages caused by the misdating of the bill or the nonreceipt or misdescription of the goods, except to the extent that the bill indicates that the issuer does not know... |
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Section 1307.302 | Through bills of lading and similar documents of title - UCC 7-302.
...r other document of title embodying an undertaking to be performed in part by a person acting as its agent or by a performing carrier, is liable to any person entitled to recover on the bill or other document for any breach by the other person or the performing carrier of its obligation under the bill or other document. However, to the extent that the bill or other document covers an undertaking to be performe... |
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Section 1307.303 | Diversion; reconsignment; change of instructions - UCC 7-303.
...ge of instructions [UCC 7-303] (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 bill or may otherwise dispose of the goods, without liability for misdelivery, on instructions from: (1) the holder of a negotiable bill; (2) the consignor on a nonnegotiable bill, even if the consignee has given contrary instructions; (3) ... |
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Section 1307.304 | Tangible bills of lading in a set - UCC 7-304.
... of parts, each of which contains an identification code and is expressed to be valid only if the goods have not been delivered against any other part, the whole of the parts constitutes one bill. (C) If a tangible negotiable bill of lading is lawfully issued in a set of parts and different parts are negotiated to different persons, the title of the holder to which the first due negotiation is made prevails a... |
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Section 1307.305 | Destination bills - UCC 7-305.
...t. (B) Upon request of any person entitled as against the carrier to control the goods while in transit and on surrender of possession or control of any outstanding bill of lading or other receipt covering the goods, the issuer, subject to section 1307.105 of the Revised Code, may procure a substitute bill to be issued at any place designated in the request. |
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Section 1307.306 | Altered bills of lading - UCC 7-306.
...nk in a bill of lading leaves the bill enforceable according to its original tenor. |
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Section 1307.307 | Lien of carrier -UCC 7-307.
...e. (B) A lien for charges and expenses under division (A) of this section on goods that the carrier was required by law to receive for transportation is effective against the consignor or any person entitled to the goods unless the carrier had notice that the consignor lacked authority to subject the goods to those charges and expenses. Any other lien under division (A) of this section is effective against the... |
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Section 1307.308 | Enforcement of carrier's lien -UCC 7-308.
...o all other rights allowed by law to a creditor against a debtor. (G) A carrier's lien may be enforced pursuant to either division (A) of this section or the procedure set forth in division (B) of section 1307.210 of the Revised Code. (H) A carrier is liable for damages caused by failure to comply with the requirements for sale under this section and, in case of willful violation, is liable for conversion. |
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Section 1307.309 | Duty of care; contractual limitation of carrier's liability -UCC 7-309.
...er for damages not caused by its negligence. (B) Damages may be limited by a term in the bill of lading or in a transportation agreement that the carrier's liability may not exceed a value stated in the bill or transportation agreement if the carrier's rates are dependent upon value and the consignor is afforded an opportunity to declare a higher value and the consignor is advised of the opportunity. However, ... |
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Section 1307.401 | Irregularities in issue of receipt or bill or conduct of issuer -UCC 7-401.
... on an issuer apply to a document of title even if: (A) The document does not comply with the requirements of sections 1307.101 to 1307.603 of the Revised Code or of any other statute, rule, or regulation regarding its issuance, form, or content; (B) The issuer violated laws regulating the conduct of its business; (C) The goods covered by the document were owned by the bailee when the document was issued; or... |
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Section 1307.402 | Duplicate document of title; overissue - UCC 7-402.
... of parts, overissue of documents for fungible goods, substitutes for lost, stolen, or destroyed documents, or substitute documents issued pursuant to section 1307.105 of the Revised Code. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation. |
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Section 1307.403 | Obligation of bailee to deliver; excuse - UCC 7-403.
...deliver the goods to a person entitled under a document of title if the person complies with divisions (B) and (C) of this section, unless and to the extent that the bailee establishes any of the following: (1) delivery of the goods to a person whose receipt was rightful as against the claimant; (2) damage to or delay, loss, or destruction of the goods for which the bailee is not liable; (3) previous sale or ... |
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Section 1307.404 | No liability for good-faith delivery pursuant to document of title - UCC 7-404.
...th delivery pursuant to document of title [UCC 7-404] 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 title or pursuant to sections 1307.101 to 1307.603 of the Revised Code is not liable for the goods even if: (A) The person from which the bailee received the goods did not have authority to procure the document or to dispo... |