25-7-304. Tangible bills of lading in a set.
(a) Except as customary in international transportation, a tangible bill of lading may not be issued in a set of parts. The issuer is liable for damages caused by violation of this subsection.
(b) If a tangible bill of lading is lawfully issued in a set of parts, each of which contains an identification code and is expressed to be valid only if the goods have not been delivered against any other part, the whole of the parts constitutes one bill.
(c) If a tangible negotiable bill of lading is lawfully issued in a set of parts and different parts are negotiated to different persons, the title of the holder to which the first due negotiation is made prevails as to both the document of title and the goods even if any later holder may have received the goods from the carrier in good faith and discharged the carrier's obligation by surrendering its part.
(d) A person that negotiates or transfers a single part of a tangible bill of lading issued in a set is liable to holders of that part as if it were the whole set.
(e) The bailee shall deliver in accordance with Part 4 of this Article against the first presented part of a tangible bill of lading lawfully issued in a set. Delivery in this manner discharges the bailee's obligation on the whole bill. (1919, c. 65, s. 4; C.S., s. 286; 1965, c. 700, s. 1; 2006-112, s. 25.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 25 - Uniform Commercial Code
Article 7 - Documents of Title.
§ 25-7-102 - Definitions and index of definitions.
§ 25-7-103 - Relation of Article to treaty or statute.
§ 25-7-104 - Negotiable and nonnegotiable document of title.
§ 25-7-105 - Reissuance in alternative medium.
§ 25-7-106 - Control of electronic document of title.
§ 25-7-201 - Person that may issue a warehouse receipt; storage under bond.
§ 25-7-202 - Form of warehouse receipt; effect of omission.
§ 25-7-203 - Liability for nonreceipt or misdescription.
§ 25-7-204 - Duty of care; contractual limitation of warehouse's liability.
§ 25-7-205 - Title under warehouse receipt defeated in certain cases.
§ 25-7-206 - Termination of storage at warehouse's option.
§ 25-7-207 - Goods must be kept separate; fungible goods.
§ 25-7-208 - Altered warehouse receipts.
§ 25-7-209 - Lien of warehouse.
§ 25-7-210 - Enforcement of warehouse's lien.
§ 25-7-302 - Through bills of lading and similar documents of title.
§ 25-7-303 - Diversion; reconsignment; change of instructions.
§ 25-7-304 - Tangible bills of lading in a set.
§ 25-7-305 - Destination bills.
§ 25-7-306 - Altered bills of lading.
§ 25-7-308 - Enforcement of carrier's lien.
§ 25-7-309 - Duty of care; contractual limitation of carrier's liability.
§ 25-7-401 - Irregularities in issue of receipt or bill or conduct of issuer.
§ 25-7-402 - Duplicate document of title; overissue.
§ 25-7-403 - Obligation of bailee to deliver; excuse.
§ 25-7-404 - No liability for good-faith delivery pursuant to document of title.
§ 25-7-501 - Form of negotiation and requirements of due negotiation.
§ 25-7-502 - Rights acquired by due negotiation.
§ 25-7-503 - Document of title to goods defeated in certain cases.
§ 25-7-505 - Indorser not guarantor for other parties.
§ 25-7-506 - Delivery without indorsement; right to compel indorsement.
§ 25-7-507 - Warranties on negotiation or delivery of document of title.
§ 25-7-508 - Warranties of collecting bank as to documents of title.
§ 25-7-509 - Adequate compliance with commercial contract.
§ 25-7-601 - Lost, stolen, or destroyed documents of title.
§ 25-7-602 - Judicial process against goods covered by negotiable document of title.