4. As used in this section, damages may include damages arising from delay in delivery. Delivery dates and times are often specified in the See Section 7403. parties’ contract. Cross Reference: Sections 1302, 7103, 7204, 7403. Definitional Cross References: Section 1201. ‘Action’. of Section 1201. ‘Bill lading’. Section 7102. ‘Carrier’. Section 7102. ‘Consignor’. of Section 1102. ‘Document Title’. Section 7102. ‘Goods’. Section 1204. ‘Value’. PART 4 Warehouse Receipts and Bill of Lading: General Obligations Section 367401. The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issuance, form, or content; (2) the issuer violated laws regulating the conduct of its business; (3) the goods covered by the document were owned by the bailee when the document was issued; or (4) the person issuing the document is not a warehouse but the document purports to be a warehouse receipt. OFFICIAL COMMENT Prior Uniform Statutory Provision: Former Section 7401. Changes: Changes for style only. Purposes: The liability on its document despite nonreceipt or bailee’s misdescription of the goods is affirmed in Sections 7203 and 7301.
4. As used in this section, damages may include damages arising from delay in delivery. Delivery dates and times are often specified in the parties’ contract. See Section 7403. Cross Reference: Sections 1302, 7103, 7204, 7403. Definitional Cross References: ‘Action’. Section 1201. ‘Bill of lading’. Section 1201. ‘Carrier’. Section 7102. ‘Consignor’. Section 7102. ‘Document of Title’. Section 1102. ‘Goods’. Section 7102. ‘Value’. Section 1204. PART 4 Warehouse Receipts and Bill of Lading: General Obligations Section 367401. The obligations imposed by this chapter on an issuer apply to a document of title even if: (1) the document does not comply with the requirements of this chapter or of any other statute, rule, or regulation regarding its issuance, form, or content; (2) the issuer violated laws regulating the conduct of its business; (3) the goods covered by the document were owned by the bailee when the document was issued; or (4) the person issuing the document is not a warehouse but the document purports to be a warehouse receipt. OFFICIAL COMMENT Prior Uniform Statutory Provision: Former Section 7401. Changes: Changes for style only. Purposes: The bailee’s liability on its document despite nonreceipt or misdescription of the goods is affirmed in Sections 7203 and 7301.
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