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Session Laws, 2004
Volume 801, Page 457   View pdf image
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ROBERT L. EHRLICH, JR., Governor                              Ch. 95

(d) Generally, in return for any consideration sufficient to support a
simple contract.

(45)   "Warehouse receipt" means a [receipt] DOCUMENT OF TITLE issued
by a person engaged in the business of storing goods for hire.

(46)   "Written" or "writing" includes printing, [typewriting]
TYPEWRITING, or any other intentional reduction to tangible forms.

2-103.

(3) [The] "CONTROL" AS PROVIDED IN § 7-106 AND THE following definitions
in other titles apply to this title:

"Check." § 3-104.

"Consignee." § 7-102.

"Consignor." § 7-102.

"Consumer goods." § 9-102.

"Dishonor." § 3-502.

"Draft." § 3-104.

2-104.

(2) "Financing agency" means a bank, finance company or other person who in
the ordinary course of business makes advances against goods or documents of title or
who by arrangement with either the seller or the buyer intervenes in ordinary course
to make or collect payment due or claimed under the contract for sale, as by
purchasing or paying the seller's draft or making advances against it or by merely
taking it for collection whether or not documents of title accompany OR ARE
ASSOCIATED WITH the draft. "Financing agency" includes also a bank or other person
who similarly intervenes between persons who are in the position of seller and buyer
in respect to the goods (§ 2-707).

2-310.

Unless otherwise agreed

(a)     Payment is due at the time and place at which the buyer is to receive
the goods even though the place of shipment is the place of delivery; and

(b)     If the seller is authorized to send the goods he may ship them under
reservation, and may tender the documents of title, but the buyer may inspect the
goods after their arrival before payment is due unless such inspection is inconsistent
with the terms of the contract (§ 2-513); and

(c)      If delivery is authorized and made by way of documents of title
otherwise than by subsection (b) then payment is due REGARDLESS OF WHERE THE
GOODS ARE TO BE RECEIVED (I) at the time and place at which the buyer is to receive
DELIVERY OF the TANGIBLE documents [regardless of where the goods are to be

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Session Laws, 2004
Volume 801, Page 457   View pdf image
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