§ 6A-7-304 - Tangible bills of lading in a set.
SECTION 6A-7-304
§ 6A-7-304 Tangible bills of lading in aset. – (a) Except as customary in international transportation, a tangible bill oflading may not be issued in a set of parts. The issuer is liable for damagescaused by violation of this subsection.
(b) If a tangible bill of lading is lawfully issued in a setof parts, each of which contains an identification code and is expressed to bevalid only if the goods have not been delivered against any other part, thewhole of the parts constitutes one bill.
(c) If a tangible negotiable bill of lading is lawfullyissued in a set of parts and different parts are negotiated to differentpersons, the title of the holder to which the first due negotiation is madeprevails as to both the document of title and the goods even if any laterholder may have received the goods from the carrier in good faith anddischarged the carrier's obligation by surrendering its part.
(d) A person that negotiates or transfers a single part of atangible bill of lading issued in a set is liable to holders of that part as ifit were the whole set.
(e) The bailee shall deliver in accordance with Part 4against the first presented part of a tangible bill of lading lawfully issuedin a set. Delivery in this manner discharges the bailee's obligation on thewhole bill.