§ 7.501 Form of Negotiation and Requirements of Due Negotiation
§ 7.502 Rights Acquired by Due Negotiation
§ 7.503 Document of Title to Goods Defeated in Certain Cases
§ 7.504 Rights Acquired in Absence of Due Negotiation; Effect of Diversion; Stoppage of Delivery
§ 7.505 Indorser Not Guarantor for Other Parties
§ 7.506 Delivery Without Indorsement; Right to Compel Indorsement
§ 7.507 Warranties On Negotiation or Delivery of Document of Title
§ 7.508 Warranties of Collecting Bank as to Documents of Title
§ 7.509 Adequate Compliance With Commercial Contract

Terms Used In Texas Business and Commerce Code Chapter 7 > Subchapter E - Warehouse Receipts and Bills of Lading: Negotiation and Transfer

  • 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 Texas Business and Commerce Code 7.102
  • Carrier: means a person that issues a bill of lading. See Texas Business and Commerce Code 7.102
  • Consignee: means a person named in a bill of lading to which or to whose order the bill promises delivery. See Texas Business and Commerce Code 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 Texas Business and Commerce Code 7.102
  • 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 Texas Business and Commerce Code 7.102
  • Fraud: Intentional deception resulting in injury to another.
  • Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Texas Business and Commerce Code 7.102
  • 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 Texas Business and Commerce Code 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.
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • 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
  • Probate: Proving a will
  • Rule: includes regulation. See Texas Government Code 311.005
  • 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.
  • Warehouse: means a person engaged in the business of storing goods for hire. See Texas Business and Commerce Code 7.102