(1) Where the contract contemplates overseas shipment and contains a
term C. I. F. or C. & F. or F. O. B. vessel, the seller unless otherwise
agreed must obtain a negotiable bill of lading stating that the goods
have been loaded on board or, in the case of a term C. I. F. or C. &
F., received for shipment.
(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 part of the bill of lading need be
tendered. Even if the agreement expressly requires a full set:
(a) due tender of a single part is acceptable within the
provisions of this Article on cure of improper delivery
(b) even though the full set is demanded, if the documents are
sent from abroad the person tendering an incomplete set may
nevertheless require payment 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.
Structure New York Laws
Part 3 - General Obligation and Construction of Contract
2-301 - General Obligations of Parties.
2-302 - Unconscionable Contract or Clause.
2-303 - Allocation or Division of Risks.
2-304 - Price Payable in Money, Goods, Realty, or Otherwise.
2-306 - Output, Requirements and Exclusive Dealings.
2-307 - Delivery in Single Lot or Several Lots.
2-308 - Absence of Specified Place for Delivery.
2-309 - Absence of Specific Time Provisions; Notice of Termination.
2-310 - Open Time for Payment or Running of Credit; Authority to Ship Under Reservation.
2-311 - Options and Cooperation Respecting Performance.
2-312 - Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement.
2-313 - Express Warranties by Affirmation, Promise, Description, Sample.
2-314 - Implied Warranty: Merchantability; Usage of Trade.
2-315 - Implied Warranty: Fitness for Particular Purpose.
2-316 - Exclusion or Modification of Warranties.
2-317 - Cumulation and Conflict of Warranties Express or Implied.
2-318 - Third Party Beneficiaries of Warranties Express or Implied.
2-319 - F. O. B. and F. A. S. Terms.
2-320 - C. I. F. and C. & F. Terms.
2-323 - Form of Bill of Lading Required in Overseas Shipment; "Overseas".
2-324 - "No Arrival, No Sale" Term.
2-325 - "Letter of Credit" Term; "Confirmed Credit".
2-326 - Sale on Approval and Sale or Return; Rights of Creditors.
2-327 - Special Incidents of Sale on Approval and Sale or Return.