57A-7-304 Tangible bills of lading in a set.
Tangible bills of lading in a 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 for
damages caused by violation of this subsection.
(b) If a tangible bill of lading is lawfully issued in a set 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 as to both the document of title and the goods even if any later holder may have received
the goods from the carrier in good faith and discharged the carrier's obligation by surrendering its
(d) A person that negotiates or transfers a single part of a tangible bill of lading issued in a set
is liable to holders of that part as if it were the whole set.
(e) The bailee is obliged to deliver in accordance with §§ 57A-7-401 to 57A-7-404, inclusive,
against the first presented part of a tangible bill of lading lawfully issued in a set. Delivery in this
manner discharges the bailee's obligation on the whole bill.
Source: SL 2009, ch 254, § 7-304.