reglab/housing_qa huggingface dataset:
AK Stat § 45.04.502 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 04. Bank Deposits and Collections|Article 5. Collection of Documentary Drafts.|Sec. 45.04.502. Presentment of “on arrival” drafts.

If a draft or the relevant instructions require presentment “on arrival,” “when goods arrive,” or the like, the collecting bank need not present until in its judgment a reasonable time for arrival of the goods has expired. Refusal to pay or accept because the goods have not arrived is not dishonor; the bank must notify its transferor of this refusal, but need not present the draft again until it is instructed to do so or learns of the arrival of the goods.
AK Stat § 45.04.503 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 04. Bank Deposits and Collections|Article 5. Collection of Documentary Drafts.|Sec. 45.04.503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.

(a) Unless otherwise instructed and except as provided in AS 45.05, a bank presenting a documentary draft (1) must deliver the documents to the drawee on acceptance of the draft if it is payable more than three days after presentment; otherwise, only on payment; and (2) upon dishonor, either in the case of presentment for acceptance or presentment for payment, may seek and follow instructions from a referee in case of need designated in the draft or, if the presenting bank does not choose to use a referee's services, it must use diligence and good faith to ascertain the reason for dishonor, must notify its transferor of the dishonor and of the results of its effort to ascertain the reasons for dishonor, and must request instructions. (b) A presenting bank is under no obligation with respect to goods represented by the documents except to follow reasonable instructions seasonably received; it has a right to reimbursement for expenses incurred in following instructions and to prepayment of or indemnity for these expenses.
AK Stat § 45.04.504 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 04. Bank Deposits and Collections|Article 5. Collection of Documentary Drafts.|Sec. 45.04.504. Privilege of presenting bank to deal with goods; security interest for expenses.

(a) A presenting bank that, following the dishonor of a documentary draft, seasonably requests instructions but does not receive them within a reasonable time, may store, sell, or otherwise deal with the goods in a reasonable manner. (b) For its reasonable expenses incurred by action under (a) of this section, the presenting bank has a lien upon the goods or their proceeds, which may be foreclosed in the same manner as an unpaid seller's lien.
AK Stat § 45.07.111 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.111. Short title.

This chapter may be cited as the Uniform Commercial Code - Documents of Title.
AK Stat § 45.07.112 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.112. Definitions and index of definitions.

(a) In this chapter, unless the context otherwise requires, (1) “bailee” means a person who, by a warehouse receipt, bill of lading, or other document of title, acknowledges possession of goods and contracts to deliver them; (2) “carrier” means a person who issues a bill of lading; (3) “consignee” means a person named in a bill of lading to whom or to whose order the bill promises delivery; (4) “consignor” means a person named in a bill of lading as the person from whom the goods have been received for shipment; (5) “delivery order” means a record that contains an order to deliver goods directed to a warehouse, carrier, or other person who, in the ordinary course of business, issues warehouse receipts or bills of lading; (6) “goods” means all things that are treated as movable for the purposes of a contract for storage or transportation; (7) “issuer” means a bailee who issues a document of title or, in the case of an unaccepted delivery order, the person who orders the possessor of goods to deliver; “issuer” includes a person for whom an agent or employee purports to act in issuing a document if the agent or employee has real or apparent authority to issue documents, even if the issuer did not receive the goods, the goods were misdescribed, or in another respect the agent or employee violated the issuer's instructions; (8) “person entitled under the document” means the holder, in the case of a negotiable document of title, or the person to whom delivery of the goods is to be made by the terms of, or under instructions in a record under, a nonnegotiable document of title; (9) “shipper” means a person who enters into a contract of transportation with a carrier; (10) “sign” means, with present intent to authenticate or adopt a record, to (A) execute or adopt a tangible symbol; or (B) attach to or logically associate with the record an electronic sound, symbol, or process; (11) “warehouse” means a person engaged in the business of storing goods for hire. (b) Definitions in other chapters applying to this chapter and the sections in which the definitions appear are (1) “contract for sale” (AS 45.02.106); (2) “lessee in ordinary course of business” (AS 45.12.103); (3) “receipt” of goods (AS 45.02.103). (c) In addition, AS 45.01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
AK Stat § 45.07.113 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.113. Relation of chapter to treaty or statute.

(a) This chapter is subject to a treaty or statute of the United States or regulatory statute of this state to the extent the treaty, statute, or regulatory statute is applicable. (b) This chapter does not modify or repeal a law prescribing the form or content of a document of title or the services or facilities to be afforded by a bailee, or otherwise regulating a bailee's business in respects not specifically treated in this chapter. However, violation of a law described under the previous sentence does not affect the status of a document of title that otherwise is within the definition of a document of title. (c) To the extent there is a conflict between AS 09.80 and this chapter, this chapter governs.
AK Stat § 45.07.114 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.114. Negotiable and nonnegotiable document of title.

(a) Except as otherwise provided in (c) of this section, a document of title is negotiable if by its terms the goods are to be delivered to bearer or to the order of a named person. (b) A document of title other than one described in (a) of this section is nonnegotiable. A bill of lading that states that the goods are consigned to a named person is not made negotiable by a provision that the goods are to be delivered only against an order in a record signed by the same or another named person. (c) A document of title is nonnegotiable if, at the time it is issued, the document has a conspicuous legend, however expressed, that it is nonnegotiable.
AK Stat § 45.07.115 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.115. Reissuance in alternative medium.

(a) On request of a person entitled under an electronic document of title, the issuer of the electronic document may issue a tangible document of title as a substitute for the electronic document if (1) the person entitled under the electronic document surrenders control of the document to the issuer; and (2) the tangible document when issued contains a statement that it is issued in substitution for the electronic document. (b) Upon issuance of a tangible document of title in substitution for an electronic document of title under (a) of this section, (1) the electronic document ceases to have effect or validity; and (2) the person who procured issuance of the tangible document warrants to all subsequent persons entitled under the tangible document that the warrantor was a person entitled under the electronic document when the warrantor surrendered control of the electronic document to the issuer. (c) On request of a person entitled under a tangible document of title, the issuer of the tangible document may issue an electronic document of title as a substitute for the tangible document if (1) the person entitled under the tangible document surrenders possession of the document to the issuer; and (2) the electronic document when issued contains a statement that it is issued in substitution for the tangible document. (d) On issuance of an electronic document of title in substitution for a tangible document of title under (c) of this section, (1) the tangible document ceases to have effect or validity; and (2) the person who procured issuance of the electronic document warrants to all subsequent persons entitled under the electronic document that the warrantor was a person entitled under the tangible document when the warrantor surrendered possession of the tangible document to the issuer.
AK Stat § 45.07.116 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 1. General.|Sec. 45.07.116. Control of electronic document of title.

(a) A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to whom the electronic document was issued or transferred. (b) A system satisfies (a) of this section, and a person is considered to have control of an electronic document of title, if the document is created, stored, and assigned in a manner by which (1) a single authoritative copy of the document exists that is unique, identifiable, and, except as otherwise provided in (4), (5), and (6) of this subsection, unalterable; (2) the authoritative copy identifies the person asserting control as (A) the person to whom the document was issued; or (B) if the authoritative copy indicates that the document has been transferred, the person to whom the document was most recently transferred; (3) the authoritative copy is communicated to and maintained by the person asserting control or the person's designated custodian; (4) copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the person asserting control; (5) each copy of the authoritative copy and a copy of a copy are readily identifiable as a copy that is not the authoritative copy; and (6) an amendment of the authoritative copy is readily identifiable as authorized or unauthorized.
AK Stat § 45.07.201 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.201. Person who may issue a warehouse receipt; storage under bond.

(a) A warehouse receipt may be issued by a warehouse. (b) If goods, including distilled spirits and agricultural commodities, are stored under a statute requiring a bond against withdrawal or a license for the issuance of receipts in the nature of warehouse receipts, a receipt issued for the goods is considered to be a warehouse receipt even if issued by a person who is the owner of the goods and is not a warehouse.
AK Stat § 45.07.202 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.202. Form of warehouse receipt; effect of omission.

(a) A warehouse receipt need not be in a particular form. (b) Unless a warehouse receipt provides for each of the following, the warehouse is liable for damages caused to a person injured by its omission: (1) a statement of the location of the warehouse facility where the goods are stored; (2) the date of issue of the receipt; (3) the unique identification code of the receipt; (4) a statement whether the goods received will be delivered to the bearer, to a named person, or to a named person or the named person's order; (5) the rate of storage and handling charges, unless goods are stored under a field warehousing arrangement, in which case a statement of that fact is sufficient on a nonnegotiable receipt; (6) a description of the goods or the packages containing them; (7) the signature of the warehouse or its agent; (8) if the receipt is issued for goods that the warehouse owns, solely, jointly, or in common with others, a statement of that ownership; and (9) a statement of the amount of advances made and of liabilities incurred for which the warehouse claims a lien or security interest, unless the precise amount of advances made or liabilities incurred, at the time of the issue of the receipt, is unknown to the warehouse or to its agent who issued the receipt, in which case, a statement of the fact that advances have been made or liabilities incurred and the purpose of the advances or liabilities is sufficient. (c) A warehouse may insert in its receipt terms that are not contrary to the code and do not impair its obligation of delivery under AS 45.07.403 or its duty of care under AS 45.07.204. A contrary provision is ineffective.
AK Stat § 45.07.203 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.203. Liability for nonreceipt or misdescription.

A party to or purchaser for value in good faith of a document of title, other than a bill of lading, that relies on the description of the goods in the document may recover from the issuer damages caused by the nonreceipt or misdescription of the goods, except to the extent that (1) the document conspicuously indicates that the issuer does not know whether all or part of the goods in fact were received or conform to the description, as in the case where the description is in terms of marks or labels or kind, quantity, or condition, or the receipt or description is qualified by “contents, condition, and quality unknown,” “said to contain,” or words of similar import, if this indication is true; or (2) the party or purchaser otherwise has notice of the nonreceipt or misdescription.
AK Stat § 45.07.204 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.204. Duty of care; contractual limitation of warehouse's liability.

(a) A warehouse is liable for damages for loss of or injury to the goods caused by the warehouse's failure to exercise care with regard to the goods that a reasonably careful person would exercise under similar circumstances. Unless otherwise agreed, the warehouse is not liable for damages that could not have been avoided by the exercise of this care. (b) Damages may be limited by a term in the warehouse receipt or storage agreement limiting the amount of liability in case of loss or damage beyond which the warehouse is not liable. The limitation is not effective with respect to the warehouse's liability for conversion to its own use. On request of the bailor in a record at the time of signing the storage agreement, or within a reasonable time after receipt of the warehouse receipt, the warehouse's liability may be increased on part or all of the goods covered by the storage agreement or the warehouse receipt. In this event, increased rates may be charged based on an increased valuation of the goods. (c) Reasonable provisions as to the time and manner of presenting claims and commencing actions based on the bailment may be included in the warehouse receipt or storage agreement.
AK Stat § 45.07.205 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.205. Title under warehouse receipt defeated in certain cases.

A buyer in ordinary course of business of fungible goods sold and delivered by a warehouse that is also in the business of buying and selling those goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.
AK Stat § 45.07.206 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.206. Termination of storage at warehouse's option.

(a) A warehouse may, by giving notice to the person on whose account the goods are held and other persons known to claim an interest in the goods, require payment of any charges and removal of the goods from the warehouse at the termination of the period of storage fixed by the document of title, or, if a period is not fixed, within a stated period not less than 30 days after the warehouse gives notice. If the goods are not removed before the date specified in the notice, the warehouse may sell them under AS 45.07.210. (b) If a warehouse in good faith believes that goods are about to deteriorate or decline in value to less than the amount of its lien within the time provided in (a) of this section and AS 45.07.210, the warehouse may specify in the notice given under (a) of this section a reasonable shorter time for removal of the goods and, if the goods are not removed, may sell them at public sale held not less than one week after a single advertisement or posting. (c) If, as a result of a quality or condition of the goods of which the warehouse did not have notice at the time of deposit, the goods are a hazard to other property, the warehouse facilities, or other persons, the warehouse may sell the goods at public or private sale without advertisement or posting on reasonable notification to all persons known to claim an interest in the goods. If the warehouse, after a reasonable effort, is unable to sell the goods, the warehouse may dispose of them in a lawful manner and does not incur liability by reason of this disposition. (d) A warehouse shall deliver the goods to a person entitled to them under this chapter on due demand made at any time before sale or other disposition under this section. (e) A warehouse may satisfy the warehouse's lien from the proceeds of a sale or disposition under this section, but shall hold the balance for delivery on the demand of a person to whom the warehouse would have been bound to deliver the goods.
AK Stat § 45.07.207 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.207. Goods must be kept separate; fungible goods.

(a) Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled. (b) If different lots of fungible goods are commingled, the goods are owned in common by the persons entitled to them, and the warehouse is severally liable to each owner for that owner's share. If, because of overissue, a mass of fungible goods is insufficient to meet all the receipts that the warehouse has issued against it, the persons entitled include all holders to whom overissued receipts have been duly negotiated.
AK Stat § 45.07.208 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 2. Warehouse Receipts: Special Provisions.|Sec. 45.07.208. Altered warehouse receipts.

If a blank in a negotiable warehouse receipt has been filled in without authority, a good faith purchaser for value and without notice of the lack of authority may treat the insertion as authorized. Any other unauthorized alteration leaves a tangible or electronic warehouse receipt enforceable against the issuer according to its original tenor.
AK Stat § 45.07.301 (2021)
2021 Alaska Statutes|Title 45. Trade and Commerce|Chapter 07. Warehouse Receipts, Bills of Lading, and Other Documents of Title|Article 3. Bills of Lading: Special Provisions.|Sec. 45.07.301. Liability for nonreceipt or misdescription; “said to contain”; “shipper's weight, load, and count”; improper handling.

(a) A consignee of a nonnegotiable bill of lading who has given value in good faith, or a holder to whom a negotiable bill has been duly negotiated, relying on the description in the bill of the goods or on the date shown in the bill, may recover from the issuer damages caused by the misdating of the bill or the nonreceipt or misdescription of the goods, except to the extent that the bill indicates that the issuer does not know whether a part or all of the goods in fact were received or conform to the description, as where the description is in terms of marks or labels or kind, quantity, or condition or the receipt or description is qualified by “contents or condition of contents of packages unknown,” “said to contain,” “shipper's weight, load, and count,” or words of similar import, if this indication is true. (b) If goods are loaded by the issuer of a bill of lading, (1) the issuer shall count the packages of goods if shipped in packages and ascertain the kind and quantity if shipped in bulk; and (2) the words, “shipper's weight, load, and count,” or other words of similar import indicating that the description was made by the shipper are ineffective except as to goods concealed in packages. (c) If bulk goods are loaded by a shipper who makes available to the issuer of a bill of lading adequate facilities for weighing those goods, the issuer shall ascertain the kind and quantity within a reasonable time after receiving the shipper's request in a record to ascertain the kind and quantity. In this case, “shipper's weight” or other words of similar import are ineffective. (d) The issuer of a bill of lading, by including in the bill the words “shipper's weight, load, and count” or words of similar import, may indicate that the goods were loaded by the shipper, and, if the statement is true, the issuer is not liable for damages caused by the improper loading. However, omission of these words does not imply liability for damages by improper loading. (e) A shipper guarantees to an issuer the accuracy at the time of shipment of the description, marks, labels, number, kind, quantity, condition, and weight as furnished by the shipper, and the shipper shall indemnify the issuer against damage caused by inaccuracies in these particulars. This right of indemnity does not limit the issuer's responsibility or liability under the contract of carriage to a person other than the shipper.