History. Code 1933, § 109A-7-503, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2001, p. 362, § 16; Ga. L. 2010, p. 481, § 1-1/HB 451.
Editor’s notes.
Ga. L. 2010, p. 481, § 3-1/HB 451, not codified by the General Assembly, provides that: “This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act.” This Act became effective May 27, 2010.
Ga. L. 2010, p. 481, § 3-2/HB 451, not codified by the General Assembly, provides that: “A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule.” This Act became effective May 27, 2010.
Structure Georgia Code
Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title
Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer
§ 11-7-501. Form of Negotiation and Requirements of Due Negotiation
§ 11-7-502. Rights Acquired by Due Negotiation
§ 11-7-503. Document of Title to Goods Defeated in Certain Cases
§ 11-7-505. Indorser Not Guarantor for Other Parties
§ 11-7-506. Delivery Without Indorsement; Right to Compel Indorsement
§ 11-7-507. Warranties on Negotiation or Delivery of Document of Title
§ 11-7-508. Warranties of Collecting Bank as to Documents of Title