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49 U.S.C. § 80114Lost, stolen, and destroyed negotiable bills

submitted 32 years ago by Pub. L. 103-272 to r/title-49-TRANSPORTATION · 152 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)Delivery on Court Order and Surety Bond.—

If a negotiable bill of lading is lost, stolen, or destroyed, a court of competent jurisdiction may order the common carrier to deliver the goods if the person claiming the goods gives a surety bond, in an amount approved by the court, to indemnify the carrier or a person injured by delivery against liability under the outstanding original bill. The court also may order payment of reasonable costs and attorney’s fees to the carrier. A voluntary surety bond, without court order, is binding on the parties to the bond.

(b)Liability to Holder.—

Delivery of goods under a court order under subsection (a) of this section does not relieve a common carrier from liability to a person to whom the negotiable bill has been or is negotiated for value without notice of the court proceeding or of the delivery of the goods.

Source credit: (Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 1352.)

history & why it existsrecord from the source credit
  • 1994Enacted · Pub. L. 103-272 · 108 Stat. 1352

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-272 on 1994-07-05.

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