Us Code § 80105 - Title and rights affected by negotiation
Full text of Us Code United States Code § 80105 — Title and rights affected by negotiation, with citation guidance and answers to common questions.
§ 80105. Title and rights affected by negotiation
(a)
(1) the person to whom it is negotiated acquires the title to the goods that—
(A) the person negotiating the bill had the ability to convey to a purchaser in good faith for value; and
(B) the consignor and consignee had the ability to convey to such a purchaser; and
(2) the common carrier issuing the bill becomes obligated directly to the person to whom the bill is negotiated to hold possession of the goods under the terms of the bill the same as if the carrier had issued the bill to that person.
(b)
(c)
(Pub. L. 103–272, §1(e), July 5, 1994, 108 Stat. 1347.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 80105(a) | 49 App.:111. | Aug. 29, 1916, ch. 415, §§31, 39, 40, 39 Stat. 543, 544. |
| 80105(b) | 49 App.:119. | |
| 80105(c) | 49 App.:120. |
In subsection (a)(1), before subclause (A), the word "duly" is omitted as surplus.
In subsection (b), the words "right . . . is superior" are substituted for "no . . . shall defeat the rights of" for clarity. The words "right to stop the transportation" are substituted for "right of stoppage in transitu" for clarity.
In subsection (c), the word "remedies" is omitted as being included in "right". The words "whose mortgage or lien on goods would be valid, apart from this chapter" are omitted as unnecessary because of the restatement. The words "which are subject to the mortgage or lien" are omitted as unnecessary.
About This Section
49 U.S.C. § 80105 is part of Title 49 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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