Indiana Code 26-1-2-323. Form of bill of lading required in overseas shipment; “overseas”
(2) Where in a case within subsection (1) a tangible bill of lading has been issued in a set of parts, unless otherwise agreed, if the documents are not to be sent from abroad, the buyer may demand tender of the full set. Otherwise, only one (1) part of the bill of lading need be tendered. Even if the agreement expressly requires a full set:
Terms Used In Indiana Code 26-1-2-323
- Contract: A legal written agreement that becomes binding when signed.
(b) even though the full set is demanded, if the documents are sent from abroad, the person tendering an incomplete set may nevertheless require payments upon furnishing an indemnity which the buyer in good faith deems adequate.
(3) A shipment by water or by air or a contract contemplating such shipment is “overseas” insofar as by usage of trade or agreement it is subject to the commercial, financing, or shipping practices characteristic of international deep water commerce.
Formerly: Acts 1963, c.317, s.2-323. As amended by P.L.152-1986, SEC.138; P.L.143-2007, SEC.11.