Statutes > Virginia Statutes > Title 8.7 - COMMERCIAL CODE - WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE. > Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer (8.7-501 thru 8.7-509) > 8.7-509 - Receipt or bill; when adequate compliance with commercial contract.

8.7-509 - Receipt or bill; when adequate compliance with commercial contract.

§ 8.7-509. Receipt or bill; when adequate compliance with commercial contract.

Whether a document is adequate to fulfill the obligations of a contract forsale, a contract for lease, or the conditions of a letter of credit isgoverned by the titles on sales (Title 8.2), leases (Title 8.2A), or lettersof credit (Title 8.5A).

(1964, c. 219; 2004, c. 200.)