§ 6A-7-501 Form of negotiation and requirements of due negotiation
§ 6A-7-502 Rights acquired by due negotiation
§ 6A-7-503 Document of title to goods defeated in certain cases
§ 6A-7-504 Rights acquired in absence of due negotiation — Effect of diversion — Stoppage of delivery
§ 6A-7-505 Indorser not guarantor for other parties
§ 6A-7-506 Delivery without indorsement — Right to compel indorsement
§ 6A-7-507 Warranties on negotiation or delivery of document of title
§ 6A-7-508 Warranties of collecting bank as to documents of title
§ 6A-7-509 Adequate compliance with commercial contract

Terms Used In Rhode Island General Laws > Chapter 6A-7 > Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer

  • agricultural operations: includes any commercial enterprise that has as its primary purpose horticulture, viticulture, viniculture, floriculture, forestry, stabling of horses, dairy farming, or aquaculture, or the raising of livestock, including for the production of fiber, furbearing animals, poultry, or bees, and all such other operations, uses, and activities as the director, in consultation with the chief of division of agriculture, may determine to be agriculture, or an agricultural activity, use or operation. See Rhode Island General Laws 2-23-4
  • Bailee: means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. See Rhode Island General Laws 6A-7-102
  • Carrier: means a person that issues a bill of lading. See Rhode Island General Laws 6A-7-102
  • Consignee: means a person named in a bill of lading to which or to whose order the bill promises delivery. See Rhode Island General Laws 6A-7-102
  • Consignor: means a person named in a bill of lading as the person from which the goods have been received for shipment. See Rhode Island General Laws 6A-7-102
  • Contract: A legal written agreement that becomes binding when signed.
  • Delivery order: means a record that contains an order to deliver goods directed to a warehouse, carrier, or other person that in the ordinary course of business issues warehouse receipts or bills of lading. See Rhode Island General Laws 6A-7-102
  • Dependent: A person dependent for support upon another.
  • Fraud: Intentional deception resulting in injury to another.
  • Good faith: means honesty in fact and the observance of reasonable commercial standards of fair dealing. See Rhode Island General Laws 6A-7-102
  • Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Rhode Island General Laws 6A-7-102
  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Issuer: means a bailee that issues a document of title or, in the case of an unaccepted delivery order, the person that orders the possessor of goods to deliver. See Rhode Island General Laws 6A-7-102
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • Personal property: All property that is not real property.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
  • Warehouse: means a person engaged in the business of storing goods for hire. See Rhode Island General Laws 6A-7-102