The ABCs of the UCC : (Revised) Article 7 : Documents of title

This book is an introduction to the principles found in Article 7 concerning bailment and documents of title. For law students and graduates, this guide should complete the partial picture he/she has received when encountering documents of title in other courses, such as sales, secured transactions, or payments involving letters of credit. This book discusses Article 7 after the complete revision of the Article in 2003, and is part of the ABCs of the UCC series published by the ABA. This is a re-release of The ABCs of the UCC (Revised) Article 7 that first published in 2004.

• Foreword p. v
• Preface p. ix
• Chapter 1 Introduction p. 1
• A History of Article 7 p. 1
• B Other Law p. 3
• C Scope of Article 7 p. 4
• 1 Documents of Title in General p. 5
• 2 Warehouse Receipts and Bills of Lading p. 7
• 3 Bailees and Bailors p. 9
• 4 Goods p. 10
• D Functions and Uses of Documents of Title p. 10
• Chapter 2 The Bailor and Bailee Relationship p. 13
• A Bailment p. 13
• B Liability for Non-Receipt or Misdescription p. 14
• C Caring for the Goods While in the Bailee's Possession p. 17
• D The Bailee's Lien p. 20
• 1 Amount of the Bailee's Lien p. 21
• 2 Property Subject to the Bailee's Lien p. 22
• 3 Enforcement of the Bailee's Lien p. 24
• 4 Persons Subject to the Bailee's Lien p. 28
• E Termination of the Contract for Storage p. 28
• F The Bailee's Obligation to Deliver the Goods p. 31
• G Alteration of the Document of Title p. 36
• H Lost, Stolen or Destroyed Documents of Title p. 37
• Chapter 3 Rights of Third Parties When Goods are Covered by a Document of Title p. 39
• A Introduction p. 39
• B Negotiation of a Negotiable Document of Title p. 40
• C Due Negotiation of Negotiable Document of Title p. 43
• D Rights Acquired by a Due Negotiation of a Negotiable Document of Title p. 44
• E Rights Acquired by a Transfer of a Negotiable or Non-Negotiable Document of Title p. 50
• R Obligations of a Person that Delivers or Negotiates a Document of Title p. 55
• G Priority Conflicts p. 57
• 1 Bailee's Lien p. 57
• 2 Lien on the Goods Created by Judicial Process p. 61
• 3 Security Interests of an Article 9 Secured Party p. 62
• 4 Interpleader p. 67
• Bibliography p. 69
• About the Author p. 71