reglab/housing_qa huggingface dataset:
GA Code § 11-7-506 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer|§ 11-7-506. Delivery Without Indorsement; Right to Compel Indorsement

 The transferee of a negotiable tangible document of title has a specifically enforceable right to have its transferor supply any necessary indorsement, but the transfer becomes a negotiation only as of the time the indorsement is supplied.   (Code 1933, § 109A-7 - 506, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, inserted "tangible" near the beginning and, near the middle, substituted "its" for "his" and inserted a comma following "indorsement". See the Editor's notes for applicability.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   RESEARCH REFERENCES   Am. Jur. 2d.   - 15A Am. Jur. 2d, Commercial Code, § 57. 78 Am. Jur. 2d, Warehouses, § 65.   C.J.S.   - 6A C.J.S., Assignments, § 53. 13 C.J.S., Carriers, §§ 398-401. 80 C.J.S., Shipping, § 259. 93 C.J.S., Warehousemen and Safe Depositaries, § 41 et seq.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-506.   ALR.    - Lack of endorsement or irregular endorsement of warehouse receipt or bill of lading as affecting pledge of goods, 18 A.L.R. 588.
GA Code § 11-7-507 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer|§ 11-7-507. Warranties on Negotiation or Delivery of Document of Title

 If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Code Section 11-7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:    The document is genuine;   The transferor does not have knowledge of any fact that would impair the document's validity or worth; and   The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.    (Code 1933, § 109A-7 - 507, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, rewrote this Code section. See the Editor's notes for applicability.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   RESEARCH REFERENCES   Am. Jur. 2d.   - 15A Am. Jur. 2d, Commercial Code, § 67. 68A Am. Jur. 2d, Secured Transactions, § 109. 78 Am. Jur. 2d, Warehouses, § 71.   C.J.S.   - 13 C.J.S., Carriers, §§ 398-401. 80 C.J.S., Shipping, § 259. 93 C.J.S., Warehousemen and Safe Depositaries, § 41 et seq.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-507.
GA Code § 11-7-508 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer|§ 11-7-508. Warranties of Collecting Bank as to Documents of Title

 A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.   (Code 1933, § 109A-7 - 508, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, added "of title" in the catchline; inserted "of title" near the beginning; and, near the middle, substituted "the delivery" for "such delivery" and substituted "even if the collecting bank or other" for ". This rules applies even though the". See the Editor's notes for applicability.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   RESEARCH REFERENCES   Am. Jur. 2d.   - 15A Am. Jur. 2d, Commercial Code, § 68.   C.J.S.   - 9 C.J.S., Banks and Banking, § 241.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-508.
GA Code § 11-7-509 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer|§ 11-7-509. Adequate Compliance With Commercial Contract

 Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Article 2, 2A, or 5 of this title.   (Code 1933, § 109A-7 - 509, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, substituted "Adequate" for "Receipt or bill; when adequate" at the beginning of the catchline; and rewrote this Code section. See the Editor's notes for applicability.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-509.
GA Code § 11-7-602 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 6 - Warehouse Receipts and Bills of Lading: Miscellaneous Provisions|§ 11-7-602. Judicial Process Against Goods Covered by Negotiable Document of Title

 Unless a document of title was originally issued upon delivery of the goods by a person that did not have power to dispose of them, a lien does not attach by virtue of any judicial process to goods in the possession of a bailee for which a negotiable document of title is outstanding unless possession or control of the document is first surrendered to the bailee or the document's negotiation is enjoined. The bailee may not be compelled to deliver the goods pursuant to process until possession or control of the document is surrendered to the bailee or to the court. A purchaser of the document for value without notice of the process or injunction takes free of the lien imposed by judicial process.   (Code 1933, § 109A-7 - 602, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, substituted "Judicial process against goods covered by negotiable document of title" for "Attachment of goods covered by a negotiable document" in the catchline; and rewrote this Code section. See the Editor's notes for applicability.   Cross references.   - Attachment proceedings generally, Ch. 3, T. 18.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   RESEARCH REFERENCES   Am. Jur. 2d.   - 6 Am. Jur. 2d, Attachment and Garnishment, § 90. 78 Am. Jur. 2d, Warehouses, § 107.   C.J.S.   - 7 C.J.S., Attachment, § 273 et seq. 33 C.J.S., Executions, §§ 142, 143.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-602.   ALR.    - Character of bill of lading contemplated by a guaranty of payment of a draft with bill of lading attached, 13 A.L.R. 166.    Attachment or garnishment of goods covered by negotiable warehouse receipts, 40 A.L.R. 969.
GA Code § 11-7-603 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title|Part 6 - Warehouse Receipts and Bills of Lading: Miscellaneous Provisions|§ 11-7-603. Conflicting Claims; Interpleader

 If more than one person claims title to or possession of the goods, the bailee is excused from delivery until the bailee has a reasonable time to ascertain the validity of the adverse claims or to commence an action for interpleader. The bailee may assert an interpleader either in defending an action for nondelivery of the goods or by original action.   (Code 1933, § 109A-7 - 603, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.)    The 2010 amendment,  effective May 27, 2010, inserted "to" near the beginning, substituted "the bailee has" for "he has had", substituted "commence an action for interpleader. The bailee may assert an interpleader" for "bring an action to compel all claimants to interplead and may compel such interpleader", and deleted ", whichever is appropriate" following "action" at the end. See the Editor's notes for applicability.   Cross references.   - Interpleader generally, § 9-11-22.   Editor's notes.   - Ga. L. 2010, p. 481, § 3-1, not codified by the General Assembly, provides that: "This Act applies to a document of title that is issued or a bailment that arises on or after the effective date of this Act. This Act does not apply to a document of title that is issued or a bailment that arises before the effective date of this Act even if the document of title or bailment would be subject to this Act if the document of title had been issued or bailment had arisen on or after the effective date of this Act. This Act does not apply to a right of action that has accrued before the effective date of this Act." This Act became effective May 27, 2010.   Ga. L. 2010, p. 481, § 3-2, not codified by the General Assembly, provides that: "A document of title issued or a bailment that arises before the effective date of this Act and the rights, documents, and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule." This Act became effective May 27, 2010.   JUDICIAL DECISIONS    Warehouser acted appropriately under O.C.G.A. § 11-7-603 when it refused to deliver beef in its possession as bailee to appellant-garnishor in light of another claim filed with it which was adverse to that of appellant. Northwestern Nat'l Sales, Inc. v. Commercial Cold Storage, Inc., 162 Ga. App. 741, 293 S.E.2d 30 (1982).   RESEARCH REFERENCES   Am. Jur. 2d.   - 817 Am. Jur. 2d, Bailments, § 177. 78 Am. Jur. 2d, Warehouses, § 264.   C.J.S.   - 48 C.J.S., Interpleader, § 10.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 7-603.   ALR.    - Right of judgment debtor to interplead, 48 A.L.R. 966.   Allowance of interest on interpleaded or impleaded disputed funds, 15 A.L.R.2d 473.
GA Code § 11-8-101 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 8 - Investment Securities|Part 1 - Short Title and General Matters|§ 11-8-101. Short Title

 This article shall be known and may be cited as the "Uniform Commercial Code - Investment Securities."    (Code 1981, §11-8-101, enacted by Ga. L. 1998, p. 1323, § 1; Ga. L. 1999, p. 81, § 11.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 15A Am. Jur. 2d, Commercial Code, § 69.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 8-101.
GA Code § 11-8-104 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 8 - Investment Securities|Part 1 - Short Title and General Matters|§ 11-8-104. Acquisition of Security or Financial Asset or Interest Therein

  A person acquires a security or an interest therein, under this article, if:   The person is a purchaser to whom a security is delivered pursuant to Code Section 11-8-301; or   The person acquires a security entitlement to the security pursuant to Code Section 11-8-501.     A person acquires a financial asset, other than a security, or an interest therein, under this article, if the person acquires a security entitlement to the financial asset.   A person who acquires a security entitlement to a security or other financial asset has the rights specified in Part 5 of this article, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in Code Section 11-8-503.   Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (a) or (b) of this Code section.     (Code 1981, §11-8-104, enacted by Ga. L. 1998, p. 1323, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 8-104.   ALR.    - Liability of public corporation for money received by it for unlawfully issued instrument of indebtedness, 7 A.L.R. 353.
GA Code § 11-8-105 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 8 - Investment Securities|Part 1 - Short Title and General Matters|§ 11-8-105. Notice of Adverse Claim

  A person has notice of an adverse claim if:   The person knows of the adverse claim;   The person is aware of facts sufficient to indicate that there is a significant probability that the adverse claim exists and deliberately avoids information that would establish the existence of the adverse claim; or   The person has a duty, imposed by statute or regulation, to investigate whether an adverse claim exists, and the investigation so required would establish the existence of the adverse claim.     Having knowledge that a financial asset or interest therein is or has been transferred by a representative imposes no duty of inquiry into the rightfulness of a transaction and is not notice of an adverse claim. However, a person who knows that a representative has transferred a financial asset or interest therein in a transaction that is, or whose proceeds are being used, for the individual benefit of the representative or otherwise in breach of duty has notice of an adverse claim.   An act or event that creates a right to immediate performance of the principal obligation represented by a security certificate or sets a date on or after which the certificate is to be presented or surrendered for redemption or exchange does not itself constitute notice of an adverse claim except in the case of a transfer more than:   One year after a date set for presentment or surrender for redemption or exchange; or   Six months after a date set for payment of money against presentation or surrender of the certificate, if money was available for payment on that date.     A purchaser of a certificated security has notice of an adverse claim if the security certificate:   Whether in bearer or registered form, has been indorsed "for collection" or "for surrender" or for some other purpose not involving transfer; or   Is in bearer form and has on it an unambiguous statement that it is the property of a person other than the transferor, but the mere writing of a name on the certificate is not such a statement.     Filing of a financing statement under Article 9 of this title is not notice of an adverse claim to a financial asset.     (Code 1981, §11-8-105, enacted by Ga. L. 1998, p. 1323, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 15A Am. Jur. 2d, Commercial Code, § 98 et seq.   C.J.S.   - 19 C.J.S., Corporations, § 670. 64A C.J.S., Municipal Corporations, § 1716 et seq. 81A C.J.S., States, § 190.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 8-105.   ALR.    - Conflict of laws as to title and transfer of corporate stock, 131 A.L.R. 192.    Right or duty of corporation to refuse to transfer stock on books to one presenting properly endorsed certificate, because of knowledge or suspicion of conflicting rights of registered holder or of third person, 139 A.L.R. 273; 75 A.L.R.2d 746.
GA Code § 11-8-109 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 8 - Investment Securities|Part 1 - Short Title and General Matters|§ 11-8-109. Warranties in Indirect Holding

  A person who originates an entitlement order to a securities intermediary warrants to the securities intermediary that:   The entitlement order is made by an appropriate person, or if the entitlement order is by an agent, the agent has actual authority to act on behalf of the appropriate person; and   There is no adverse claim to the security entitlement.     A person who delivers a security certificate to a securities intermediary for credit to a securities account or originates an instruction with respect to an uncertificated security directing that the uncertificated security be credited to a securities account makes to the securities intermediary the warranties specified in subsection (a) or (b) of Code Section 11-8-108.   If a securities intermediary delivers a security certificate to its entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated security, the securities intermediary makes to the entitlement holder the warranties specified in subsection (a) or (b) of Code Section 11-8-108.     (Code 1981, §11-8-109, enacted by Ga. L. 1998, p. 1323, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 8-109.
GA Code § 11-8-111 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 8 - Investment Securities|Part 1 - Short Title and General Matters|§ 11-8-111. Clearing Corporation Rules

 A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this Act and affects another party who does not consent to the rule.    (Code 1981, §11-8-111, enacted by Ga. L. 1998, p. 1323, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 8-111.