Vermont § 323 - § 2—323.

§ 323. § 2—323.

• Form of bill of lading required in overseas shipment; “overseas” (1) Where the contract contemplates overseas shipment and contains a term C.I.F. or C.
  & F. or F.O.B. vessel, the seller unless otherwise agreed must obtain a negotiable
  bill of lading stating that the goods have been loaded on board or, in the case of
  a term C.I.F. or C. & F., received for shipment. (2) Where in a case within subsection (1) of this section a tangible bill of lading has
  been issued in a set of parts, unless otherwise agreed if the documents are not to
  be sent from abroad, the buyer may demand tender of the full set; otherwise only one
  part of the bill of lading need be tendered. Even if the agreement expressly requires
  a full set: (a) due tender of a single part is acceptable within the provisions of this article on cure of improper delivery (§ 2—508(1)); and (b) even though the full set is demanded, if the documents are sent from abroad the person
  tendering an incomplete set may nevertheless require payment upon furnishing an indemnity
  which the buyer in good faith deems adequate. (3) A shipment by water or by air or a contract contemplating such shipment is “overseas”
  insofar as by usage of trade or agreement it is subject to the commercial, financing
  or shipping practices characteristic of international deep water commerce. (Amended 2015, No. 51, § B.5, eff. June 3, 2015.)