reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1303. Diversion; reconsignment; change of instructions

§7-1303. Diversion; reconsignment; change of instructions
(1).
Unless the bill of lading otherwise provides, a carrier may deliver the goods to a person or destination other than that stated in the bill or may otherwise dispose of the goods, without liability for misdelivery, on instructions from:
(a). The holder of a negotiable bill;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). The consignor on a nonnegotiable bill, even if the consignee has given contrary instructions;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(c). The consignee on a nonnegotiable bill in the absence of contrary instructions from the consignor, if the goods have arrived at the billed destination or if the consignee is in possession of the tangible bill or in control of the electronic bill; or   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(d). The consignee on a nonnegotiable bill, if the consignee is entitled as against the consignor to dispose of the goods.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
Unless instructions described in subsection (1) are included in a negotiable bill of lading, a person to which the bill is duly negotiated may hold the bailee according to the original terms.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1304. Tangible bills of lading in a set

§7-1304. Tangible bills of lading in a set
(1).
Except as customary in international transportation, a tangible bill of lading may not be issued in a set of parts. The issuer is liable for damages caused by violation of this subsection.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
If a tangible bill of lading is lawfully issued in a set of parts, each of which contains an identification code and is expressed to be valid only if the goods have not been delivered against any other part, the whole of the parts constitutes one bill.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
If a tangible negotiable bill of lading is lawfully issued in a set of parts and different parts are negotiated to different persons, the title of the holder to which the first due negotiation is made prevails as to both the document of title and the goods even if any later holder may have received the goods from the carrier in good faith and discharged the carrier's obligation by surrendering its part.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(4).
A person that negotiates or transfers a single part of a tangible bill of lading issued in a set is liable to holders of that part as if it were the whole set.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(5).
The bailee shall deliver in accordance with Part 4 against the first presented part of a tangible bill of lading lawfully issued in a set. Delivery in this manner discharges the bailee's obligation on the whole bill.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1305. Destination bills

§7-1305. Destination bills
(1).
Instead of issuing a bill of lading to the consignor at the place of shipment, a carrier, at the request of the consignor, may procure the bill to be issued at destination or at any other place designated in the request.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
Upon request of any person entitled as against a carrier to control the goods while in transit and on surrender of possession or control of any outstanding bill of lading or other receipt covering the goods, the issuer, subject to section 7-1105, may procure a substitute bill to be issued at any place designated in the request.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1306. Altered bills of lading

§7-1306. Altered bills of lading
An unauthorized alteration or filling in of a blank in a bill of lading leaves the bill enforceable according to its original tenor.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1307. Lien of carrier

§7-1307. Lien of carrier
(1).
A carrier has a lien on the goods covered by a bill of lading or on the proceeds thereof in its possession for charges after the date of the carrier's receipt of the goods for storage or transportation, including demurrage and terminal charges, and for expenses necessary for preservation of the goods incident to their transportation or reasonably incurred in their sale pursuant to law. However, against a purchaser for value of a negotiable bill of lading, a carrier's lien is limited to charges stated in the bill or the applicable tariffs or, if no charges are stated, a reasonable charge.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
A lien for charges and expenses under subsection (1) on goods that the carrier was required by law to receive for transportation is effective against the consignor or any person entitled to the goods unless the carrier had notice that the consignor lacked authority to subject the goods to those charges and expenses. Any other lien under subsection (1) is effective against the consignor and any person that permitted the bailor to have control or possession of the goods unless the carrier had notice that the bailor lacked authority.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
A carrier loses its lien on any goods that it voluntarily delivers or unjustifiably refuses to deliver.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 3: BILLS OF LADING: SPECIAL PROVISIONS › 11 §7-1309. Duty of care; contractual limitation of carrier's liability

§7-1309. Duty of care; contractual limitation of carrier's liability
(1).
A carrier that issues a bill of lading, whether negotiable or nonnegotiable, shall exercise the degree of care in relation to the goods that a reasonably careful person would exercise under similar circumstances. This subsection does not affect any statute, regulation or rule of law that imposes liability upon a common carrier for damages not caused by its negligence.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
Damages may be limited by a term in the bill of lading or in a transportation agreement that the carrier's liability may not exceed a value stated in the bill or transportation agreement if the carrier's rates are dependent upon value and the consignor is afforded an opportunity to declare a higher value and the consignor is advised of the opportunity. However, such a limitation is not effective with respect to the carrier's liability for conversion to its own use.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
Reasonable provisions as to the time and manner of presenting claims and commencing actions based on the shipment may be included in a bill of lading or a transportation agreement.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 4: WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS › 11 §7-1401. Irregularities in issue of receipt or bill or conduct of issuer

§7-1401. Irregularities in issue of receipt or bill or conduct of issuer
The obligations imposed by this Article on an issuer apply to a document of title even if:   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(1).
The document does not comply with the requirements of this Article or of any other statute, rule or regulation regarding its issuance, form or content;
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
The issuer violated laws regulating the conduct of its business;
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
The goods covered by the document were owned by the bailee when the document was issued; or
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(4).
The person issuing the document is not a warehouse but the document purports to be a warehouse receipt.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 4: WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS › 11 §7-1402. Duplicate document of title; overissue

§7-1402. Duplicate document of title; overissue
A duplicate or any other document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer any right in the goods, except as provided in the case of tangible bills of lading in a set of parts, overissue of documents for fungible goods, substitutes for lost, stolen or destroyed documents or substitute documents issued pursuant to section 7-1105. The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 4: WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS › 11 §7-1403. Obligation of bailee to deliver; excuse

§7-1403. Obligation of bailee to deliver; excuse
(1).
A bailee shall deliver the goods to a person entitled under a document of title if the person complies with subsections (2) and (3), unless and to the extent that the bailee establishes any of the following:
(a). Delivery of the goods to a person whose receipt was rightful as against the claimant;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). Damage to or delay, loss or destruction of the goods for which the bailee is not liable;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(c). Previous sale or other disposition of the goods in lawful enforcement of a lien or on a warehouse's lawful termination of storage;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(d). The exercise by a seller of its right to stop delivery pursuant to section 2‑705 or by a lessor of its right to stop delivery pursuant to section 2‑1526;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(e). A diversion, reconsignment or other disposition pursuant to section 7‑1303;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(f). Release, satisfaction or any other personal defense against the claimant; or   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(g). Any other lawful excuse.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
A person claiming goods covered by a document of title shall satisfy the bailee's lien if the bailee so requests or if the bailee is prohibited by law from delivering the goods until the charges are paid.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
Unless a person claiming the goods is a person against which the document of title does not confer a right under section 7‑1503, subsection (1):
(a). The person claiming under a document shall surrender possession or control of any outstanding negotiable document covering the goods for cancellation or indication of partial deliveries; and   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). The bailee shall cancel the document or conspicuously indicate in the document the partial delivery or the bailee is liable to any person to which the document is duly negotiated.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 4: WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS › 11 §7-1404. No liability for good faith delivery pursuant to document of title

§7-1404. No liability for good faith delivery pursuant to document of title
A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or pursuant to this Article is not liable for the goods even if:   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(1).
The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
The person to which the bailee delivered the goods did not have authority to receive the goods.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1502. Rights acquired by due negotiation

§7-1502. Rights acquired by due negotiation
(1).
Subject to sections 7‑1205 and 7‑1503, a holder to which a negotiable document of title has been duly negotiated acquires thereby:
(a). Title to the document;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). Title to the goods;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(c). All rights accruing under the law of agency or estoppel, including rights to goods delivered to the bailee after the document was issued; and   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(d). The direct obligation of the issuer to hold or deliver the goods according to the terms of the document free of any defense or claim by the issuer except those arising under the terms of the document or under this Article, but in the case of a delivery order, the bailee's obligation accrues only upon the bailee's acceptance of the delivery order and the obligation acquired by the holder is that the issuer and any indorser will procure the acceptance of the bailee.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
Subject to section 7‑1503, title and rights acquired by due negotiation are not defeated by any stoppage of the goods represented by the document of title or by surrender of the goods by the bailee and are not impaired even if:
(a). The due negotiation or any prior due negotiation constituted a breach of duty;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). Any person has been deprived of possession of a negotiable tangible document or control of a negotiable electronic document by misrepresentation, fraud, accident, mistake, duress, loss, theft or conversion; or   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(c). A previous sale or other transfer of the goods or document has been made to a 3rd person.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1503. Document of title to goods defeated in certain cases

§7-1503. Document of title to goods defeated in certain cases
(1).
A document of title confers no right in goods against a person that before issuance of the document had a legal interest or a perfected security interest in the goods and that did not:
(a). Deliver or entrust the goods or any document of title covering the goods to the bailor or the bailor's nominee with:
(i) Actual or apparent authority to ship, store or sell;
(ii) Power to obtain delivery under section 7‑1403; or
(iii) Power of disposition under section 2‑403; section 2‑1304, subsection (2); section 2‑1305, subsection (2); section 9‑1320; or section 9‑1321, subsection (3) or other statute or rule of law; or   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). Acquiesce in the procurement by the bailor or its nominee of any document.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
Title to goods based upon an unaccepted delivery order is subject to the rights of any person to which a negotiable warehouse receipt or bill of lading covering the goods has been duly negotiated. That title may be defeated under section 7‑1504 to the same extent as the rights of the issuer or a transferee from the issuer.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
Title to goods based upon a bill of lading issued to a freight forwarder is subject to the rights of any person to which a bill issued by the freight forwarder is duly negotiated. However, delivery by the carrier in accordance with Part 4 pursuant to its own bill of lading discharges the carrier's obligation to deliver.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery

§7-1504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery
(1).
A transferee of a document of title, whether negotiable or nonnegotiable, to which the document has been delivered but not duly negotiated, acquires the title and rights that its transferor had or had actual authority to convey.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
In the case of a transfer of a nonnegotiable document of title, until but not after the bailee receives notice of the transfer, the rights of the transferee may be defeated:
(a). By those creditors of the transferor that could treat the transfer as void under section 2‑402 or 2‑1308;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(b). By a buyer from the transferor in ordinary course of business if the bailee has delivered the goods to the buyer or received notification of the buyer's rights;   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(c). By a lessee from the transferor in ordinary course of business if the bailee has delivered the goods to the lessee or received notification of the lessee's rights; or   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(d). As against the bailee, by good faith dealings of the bailee with the transferor.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
A diversion or other change of shipping instructions by the consignor in a nonnegotiable bill of lading that causes the bailee not to deliver the goods to the consignee defeats the consignee's title to the goods if the goods have been delivered to a buyer in ordinary course of business or a lessee in ordinary course of business and, in any event, defeats the consignee's rights against the bailee.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(4).
Delivery of the goods pursuant to a nonnegotiable document of title may be stopped by a seller under section 2‑705 or a lessor under section 2‑1526, subject to the requirements of due notification in those sections. A bailee that honors the seller's or lessor's instructions is entitled to be indemnified by the seller or lessor against any resulting loss or expense.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1505. Indorser not guarantor for other parties

§7-1505. Indorser not guarantor for other parties
The indorsement of a tangible document of title issued by a bailee does not make the indorser liable for any default by the bailee or previous indorsers.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1506. Delivery without indorsement; right to compel indorsement

§7-1506. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1507. Warranties on negotiation or delivery of document of title

§7-1507. 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 section 7-1508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(1).
The document is genuine;
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
The transferor does not have knowledge of any fact that would impair the document's validity or worth; and
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(3).
The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1508. Warranties of collecting bank as to documents of title

§7-1508. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 5: WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER › 11 §7-1509. Adequate compliance with commercial contract

§7-1509. 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, 2‑A or 5.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 6: WAREHOUSE RECEIPTS AND BILLS OF LADING: MISCELLANEOUS PROVISIONS › 11 §7-1601. Lost, stolen or destroyed documents of title

§7-1601. Lost, stolen or destroyed documents of title
(1).
If a document of title is lost, stolen or destroyed, a court may order delivery of the goods or issuance of a substitute document and the bailee may without liability to any person comply with the order. If the document was negotiable, a court may not order delivery of the goods or issuance of a substitute document without the claimant's posting security unless it finds that any person that may suffer loss as a result of nonsurrender of possession or control of the document is adequately protected against the loss. If the document was nonnegotiable, the court may require security. The court may also order payment of the bailee's reasonable costs and attorney's fees in any action under this subsection.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2).
A bailee that, without a court order, delivers goods to a person claiming under a missing negotiable document of title is liable to any person injured thereby. If the delivery is not in good faith, the bailee is liable for conversion. Delivery in good faith is not conversion if the claimant posts security with the bailee in an amount at least double the value of the goods at the time of posting to indemnify any person injured by the delivery that files a notice of claim within one year after the delivery.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 6: WAREHOUSE RECEIPTS AND BILLS OF LADING: MISCELLANEOUS PROVISIONS › 11 §7-1602. Judicial process against goods covered by negotiable document of title

§7-1602. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 6: WAREHOUSE RECEIPTS AND BILLS OF LADING: MISCELLANEOUS PROVISIONS › 11 §7-1603. Conflicting claims; interpleader

§7-1603. 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.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 7: MISCELLANEOUS PROVISIONS › 11 §7-1701. Effective date

§7-1701. Effective date
This Article takes effect February 15, 2010.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 7: MISCELLANEOUS PROVISIONS › 11 §7-1702. Applicability

§7-1702. Applicability
This Article applies to a document of title that is issued or a bailment that arises on or after the effective date of this Article. This Article does not apply to a document of title that is issued or a bailment that arises before the effective date of this Article even if the document of title or bailment would be subject to this Article if the document of title had been issued or bailment had arisen on or after the effective date of this Article. This Article does not apply to a right of action that has accrued before the effective date of this Article.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 7-A: DOCUMENTS OF TITLE › Part 7: MISCELLANEOUS PROVISIONS › 11 §7-1703. Savings clause

§7-1703. Savings clause
A document of title issued or a bailment that arises before February 15, 2010 and the rights, obligations and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this Act as if amendment or repeal had not occurred and may be terminated, completed, consummated or enforced under that statute or other rule.   [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-101. Short title; inconsistency with Uniform Act for Simplification of Fiduciary Security Transfers (REPEALED)

§8-101. Short title; inconsistency with Uniform Act for Simplification of Fiduciary Security Transfers
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-102. Definitions and index of definitions (REPEALED)

§8-102. Definitions and index of definitions
(REPEALED)
SECTION HISTORY
PL 1973, c. 8 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-103. Issuer's lien (REPEALED)

§8-103. Issuer's lien
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-104. Effect of overissue; "overissue" (REPEALED)

§8-104. Effect of overissue; "overissue"
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-105. Certificated securities negotiable; statements and instructions not negotiable; presumptions (REPEALED)

§8-105. Certificated securities negotiable; statements and instructions not negotiable; presumptions
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-106. Applicability (REPEALED)

§8-106. Applicability
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-107. Securities transferable; action for price (REPEALED)

§8-107. Securities transferable; action for price
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-108. Registration of pledge and release of uncertificated securities (REPEALED)

§8-108. Registration of pledge and release of uncertificated securities
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-201. "Issuer" (REPEALED)

§8-201. "Issuer"
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-202. Issuer's responsibility and defenses; notice of defect or defense (REPEALED)

§8-202. Issuer's responsibility and defenses; notice of defect or defense
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-203. Staleness as notice of defects or defenses (REPEALED)

§8-203. Staleness as notice of defects or defenses
(REPEALED)
SECTION HISTORY
PL 1967, c. 213, §2 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-204. Effect of issuer's restrictions on transfer (REPEALED)

§8-204. Effect of issuer's restrictions on transfer
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-205. Effect of unauthorized signature on certificated security or initial transaction statement (REPEALED)

§8-205. Effect of unauthorized signature on certificated security or initial transaction statement
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-206. Completion or alteration of certificated security or initial transaction statement (REPEALED)

§8-206. Completion or alteration of certificated security or initial transaction statement
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-207. Rights and duties of issuer with respect to registered owners and registered pledgees (REPEALED)

§8-207. Rights and duties of issuer with respect to registered owners and registered pledgees
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 2: ISSUE-ISSUER › 11 §8-208. Effect of signature of authenticating trustee, registrar or transfer agent (REPEALED)

§8-208. Effect of signature of authenticating trustee, registrar or transfer agent
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §17 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-301. Rights acquired by purchaser (REPEALED)

§8-301. Rights acquired by purchaser
(REPEALED)
SECTION HISTORY
PL 1967, c. 213, §3 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-302. "Bona fide purchaser"; "adverse claim"; title acquired by bona fide purchaser (REPEALED)

§8-302. "Bona fide purchaser"; "adverse claim"; title acquired by bona fide purchaser
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-303. "Broker" (REPEALED)

§8-303. "Broker"
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-304. Notice to purchaser of adverse claims (REPEALED)

§8-304. Notice to purchaser of adverse claims
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-305. Staleness as notice of adverse claims (REPEALED)

§8-305. Staleness as notice of adverse claims
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-306. Warranties on presentment and transfer of certificated securities; warranties of originators of instructions (REPEALED)

§8-306. Warranties on presentment and transfer of certificated securities; warranties of originators of instructions
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-307. Effect of delivery without indorsement; right to compel indorsement (REPEALED)

§8-307. Effect of delivery without indorsement; right to compel indorsement
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-308. Indorsement; instructions (REPEALED)

§8-308. Indorsement; instructions
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-309. Effect of indorsement without delivery (REPEALED)

§8-309. Effect of indorsement without delivery
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-310. Indorsement of certificated security in bearer form (REPEALED)

§8-310. Indorsement of certificated security in bearer form
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-311. Effect of unauthorized indorsement or instruction (REPEALED)

§8-311. Effect of unauthorized indorsement or instruction
(REPEALED)
SECTION HISTORY
PL 1979, c. 541, §A112 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-312. Effect of guaranteeing signature, indorsement or instruction (REPEALED)

§8-312. Effect of guaranteeing signature, indorsement or instruction
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-313. When transfer to purchaser occurs: Financial intermediary as bona fide purchaser; "financial intermediary" (REPEALED)

§8-313. When transfer to purchaser occurs: Financial intermediary as bona fide purchaser; "financial intermediary"
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §18 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-314. Duty to transfer, when completed (REPEALED)

§8-314. Duty to transfer, when completed
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-315. Action against transferee based upon wrongful transfer (REPEALED)

§8-315. Action against transferee based upon wrongful transfer
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-316. Purchaser's right to requisites for registration of transfer, pledge, or release on books (REPEALED)

§8-316. Purchaser's right to requisites for registration of transfer, pledge, or release on books
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-317. Creditors' rights (REPEALED)

§8-317. Creditors' rights
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-318. No conversion by good faith conduct (REPEALED)

§8-318. No conversion by good faith conduct
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-319. Statute of frauds (REPEALED)

§8-319. Statute of frauds
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-320. Transfer or pledge within central depository system (REPEALED)

§8-320. Transfer or pledge within central depository system
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 3: TRANSFER › 11 §8-321. Enforceability, attachment, perfection and termination of security interests (REPEALED)

§8-321. Enforceability, attachment, perfection and termination of security interests
(REPEALED)
SECTION HISTORY
PL 1981, c. 604, §1 (NEW). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-401. Duty of issuer to register transfer, pledge, or release (REPEALED)

§8-401. Duty of issuer to register transfer, pledge, or release
(REPEALED)
SECTION HISTORY
PL 1979, c. 540, §§14,15 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-402. Assurance that indorsements and instructions are effective (REPEALED)

§8-402. Assurance that indorsements and instructions are effective
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-403. Issuer's duty as to adverse claims (REPEALED)

§8-403. Issuer's duty as to adverse claims
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §19 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-404. Liability and nonliability for registration (REPEALED)

§8-404. Liability and nonliability for registration
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §20 (AMD). PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-405. Lost, destroyed, and stolen certificated securities (REPEALED)

§8-405. Lost, destroyed, and stolen certificated securities
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-406. Duty of authenticating trustee, transfer agent, or registrar (REPEALED)

§8-406. Duty of authenticating trustee, transfer agent, or registrar
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-407. Exchangeability of securities (REPEALED)

§8-407. Exchangeability of securities
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (NEW). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8: INVESTMENT SECURITIES (REPEALED) › Part 4: REGISTRATION › 11 §8-408. Statements of uncertificated securities (REPEALED)

§8-408. Statements of uncertificated securities
(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (NEW). PL 1997, c. 429, §B1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 1: SHORT TITLE AND GENERAL MATTERS › 11 §8-1101. Short title

§8-1101. Short title
This Article may be known and cited as the "Uniform Commercial Code - Investment Securities."   [PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).