The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 9A V.S.A. § 7-304)
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§ 7—304. Tangible bills of lading in a set
(a) 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.
(b) 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.
(c) 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.
(d) 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.
(e) The bailee shall deliver in accordance with part 4 of this article 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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)