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CHAPTER 810 UNIFORM COMMERCIAL CODE
General
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(810 ILCS 5/Art.
7 Pt. 1 heading)
PART
1. GENERAL
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(810 ILCS 5/7-101) (from Ch. 26,
par. 7-101)
Sec. 7-101. Short title.
This Article shall be known and
may be cited as Uniform Commercial Code--Documents
of Title.
(Source: Laws 1961, p. 2101.)
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(810 ILCS 5/7-102) (from Ch. 26,
par. 7-102)
Sec. 7-102. Definitions and
index of definitions. (1) In this Article, unless the context
otherwise requires:
(a) "Bailee" means
the person who by a warehouse receipt, bill of lading or other
document of title acknowledges possession of goods and contracts
to deliver them.
(b) "Consignee" means
the person named in a bill to whom or to whose order the bill
promises delivery.
(c) "Consignor" means
the person named in a bill as the person from whom the goods
have been received for shipment.
(d) "Delivery order" means
a written order to deliver goods directed to a warehouseman,
carrier or other person who in the ordinary course of business
issues warehouse receipts or bills of lading.
(e) "Document" means
document of title as defined in the general definitions in Article
1 (Section 1--201).
(f) "Goods" means all
things which are treated as movable for the purposes of a contract
of storage or transportation.
(g) "Issuer" means a bailee who issues a document except that in relation to
an unaccepted delivery order it means the person who orders the
possessor of goods to deliver. Issuer includes any 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, notwithstanding that the issuer received no goods
or that the goods were misdescribed or
that in any other respect the agent or employee violated his
instructions.
(h) "Warehouseman" is
a person engaged in the business of storing goods for hire. The
owner of a self-service storage facility as defined in
the Self-Service Storage Facility Act, enacted by the Eighty-Third
General Assembly, is not a warehouseman for the purposes of this
Article.
(2) Other definitions applying
to this Article or to specified Parts thereof, and
the Sections in which they appear are:
"Duly negotiate". Section
7-501.
"Person entitled under the
document". Section 7-403(4).
(3) Definitions in other Articles
applying to this Article and the Sections in which they appear
are:
"Contract for sale".
Section 2-106.
"Overseas". Section 2-323.
"Receipt" of goods. Section
2-103.
(4) In addition Article 1 contains
general definitions and principles of construction and interpretation
applicable throughout this Article.
(Source: P.A. 83-800.)
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(810 ILCS 5/7-103) (from Ch. 26,
par. 7-103)
Sec. 7-103. Relation of Article
to treaty, statute, tariff, classification or regulation.
To the extent that any treaty or
statute of the United
States,
regulatory statute of this State or tariff, classification or
regulation filed or issued pursuant thereto is applicable, the
provisions of this Article are subject thereto.
(Source: Laws 1961, p. 2101.)
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(810 ILCS 5/7-104) (from Ch. 26,
par. 7-104)
Sec. 7-104. Negotiable and
non-negotiable warehouse receipt, bill of lading or other
document of title.
(1) A warehouse receipt, bill of
lading or other document of title is negotiable
(a) if
by its terms the goods are to be delivered to bearer or to the
order of a named person; or
(b) where
recognized in overseas trade, if it runs to a named person or
assigns.
(2) Any other document is non-negotiable.
A bill of lading in which it is stated 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 a written order signed
by the same or another named person.
(Source: Laws 1961, p. 2101.)
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(810 ILCS 5/7-105) (from Ch. 26,
par. 7-105)
Sec. 7-105. Construction
against negative implication. The omission from either Part
2 or Part 3 of this Article of a provision corresponding to
a provision made in the other Part does not imply that a corresponding
rule of law is not applicable.
(Source: Laws 1961, p. 2101.)
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