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  • Title 8.7: Commercial Code — Warehouse Receipts, Bills of Lading and Other Documents of Title
  • Part 5: Warehouse Receipts and Bills of Lading: Negotiation and Transfer

Warehouse Receipts and Bills of Lading: Negotiation and Transfer

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Part 5 of the Code of Virginia, titled “Warehouse Receipts and Bills of Lading: Negotiation and Transfer.” It is part of Title 8.7 “Commercial Code — Warehouse Receipts, Bills of Lading and Other Documents of Title”.

It’s comprised of the following 9 sections.

§ 8.7-501 Form of negotiation and requirements of "due negotiation"
§ 8.7-502 Rights acquired by due negotiation
§ 8.7-503 Document to goods defeated in certain cases
§ 8.7-504 Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery
§ 8.7-505 Endorser not a guarantor for other parties
§ 8.7-506 Delivery without endorsement; right to compel endorsement
§ 8.7-507 Warranties on negotiation or delivery of receipt or bill
§ 8.7-508 Warranties of collecting bank as to documents
§ 8.7-509 Receipt or bill; when adequate compliance with commercial contract

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