{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.7-503.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.7-503.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.7-503.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.7-503.html"}],"law_id":61107,"edition_id":1,"section_id":61107,"structure_id":15835,"section_number":"8.7-503","catch_line":"Document to goods defeated in certain cases","history":"Code 1950, \u00a7 61-44; 1964, c. 219; 2000, c. 1007; 2004, c. 200.","full_text":"1\n\nA document confers no right in goods against a person who before issuance of the document had a legal interest or a perfected security interest in them and who neither:a\n\ndelivered or entrusted them or any document covering them to the bailor or his nominee with (i) actual or apparent authority to ship, store or sell, (ii) power to obtain delivery under § 8.7-403, or (iii) power of disposition under §§ 8.2-403, 8.2A-304(2), 8.2A-305(2), 8.9A-320, or § 8.9A-321(c) or other statute or rule of law; norb\n\nacquiesced in the procurement by the bailor or his nominee of any document.2\n\nTitle to goods based upon an unaccepted delivery order is subject to the rights of anyone to whom a negotiable warehouse receipt or bill of lading covering the goods has been duly negotiated. Such a title may be defeated under § 8.7-504 to the same extent as the rights of the issuer or a transferee from the issuer.3\n\nTitle to goods based upon a bill of lading issued to a freight forwarder is subject to the rights of anyone to whom a bill issued by the freight forwarder is duly negotiated. However, delivery by the carrier in accordance with Part 4 of this title pursuant to its own bill of lading discharges the carrier’s obligation to deliver.","order_by":null,"text":{"0":{"id":223403,"text":"A document confers no right in goods against a person who before issuance of the document had a legal interest or a perfected security interest in them and who neither:","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"next_prefix":"1a"},"1":{"id":223404,"text":"delivered or entrusted them or any document covering them to the bailor or his nominee with (i) actual or apparent authority to ship, store or sell, (ii) power to obtain delivery under § 8.7-403, or (iii) power of disposition under §§ 8.2-403, 8.2A-304(2), 8.2A-305(2), 8.9A-320, or § 8.9A-321(c) or other statute or rule of law; nor","type":"section","prefixes":["1","a"],"prefix":"a","entire_prefix":"1a","prefix_anchor":"1a","level":2,"prior_prefix":"1","next_prefix":"1b"},"2":{"id":223405,"text":"acquiesced in the procurement by the bailor or his nominee of any document.","type":"section","prefixes":["1","b"],"prefix":"b","entire_prefix":"1b","prefix_anchor":"1b","level":2,"prior_prefix":"1a","next_prefix":"2"},"3":{"id":223406,"text":"Title to goods based upon an unaccepted delivery order is subject to the rights of anyone to whom a negotiable warehouse receipt or bill of lading covering the goods has been duly negotiated. Such a title may be defeated under § 8.7-504 to the same extent as the rights of the issuer or a transferee from the issuer.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1b","next_prefix":"3"},"4":{"id":223407,"text":"Title to goods based upon a bill of lading issued to a freight forwarder is subject to the rights of anyone to whom a bill issued by the freight forwarder is duly negotiated. However, delivery by the carrier in accordance with Part 4 of this title pursuant to its own bill of lading discharges the carrier’s obligation to deliver.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2"}},"ancestry":[{"id":15835,"edition_id":1,"name":"Warehouse Receipts and Bills of Lading: Negotiation and Transfer","identifier":"5","label":"part","depth":2,"order_by":1,"parent_id":13810,"metadata":{},"date_created":"2026-06-26 04:00:18","date_modified":"2026-06-26 04:00:18","permalink":{"id":283559,"object_type":"structure","relational_id":15835,"identifier":"5","token":"8.7\/5","url":"\/8.7\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13810,"edition_id":1,"name":"Commercial Code \u2014 Warehouse Receipts, Bills of Lading and Other Documents of Title","identifier":"8.7","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:45:56","date_modified":"2026-06-26 03:45:56","permalink":{"id":283429,"object_type":"structure","relational_id":13810,"identifier":"8.7","token":"8.7","url":"\/8.7\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83251,"structure_id":15835,"section_number":"8.7-501","catch_line":"Form of negotiation and requirements of \"due negotiation\"","url":"\/8.7-501\/","token":"8.7\/5\/8.7-501","metadata":false},{"id":86028,"structure_id":15835,"section_number":"8.7-502","catch_line":"Rights acquired by due negotiation","url":"\/8.7-502\/","token":"8.7\/5\/8.7-502","metadata":false},{"id":61107,"structure_id":15835,"section_number":"8.7-503","catch_line":"Document to goods defeated in certain cases","url":"\/8.7-503\/","token":"8.7\/5\/8.7-503","metadata":false},{"id":83770,"structure_id":15835,"section_number":"8.7-504","catch_line":"Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery","url":"\/8.7-504\/","token":"8.7\/5\/8.7-504","metadata":false},{"id":67496,"structure_id":15835,"section_number":"8.7-505","catch_line":"Endorser not a guarantor for other parties","url":"\/8.7-505\/","token":"8.7\/5\/8.7-505","metadata":false},{"id":85687,"structure_id":15835,"section_number":"8.7-506","catch_line":"Delivery without endorsement; right to compel endorsement","url":"\/8.7-506\/","token":"8.7\/5\/8.7-506","metadata":false},{"id":73201,"structure_id":15835,"section_number":"8.7-507","catch_line":"Warranties on negotiation or delivery of receipt or bill","url":"\/8.7-507\/","token":"8.7\/5\/8.7-507","metadata":false},{"id":82645,"structure_id":15835,"section_number":"8.7-508","catch_line":"Warranties of collecting bank as to documents","url":"\/8.7-508\/","token":"8.7\/5\/8.7-508","metadata":false},{"id":72052,"structure_id":15835,"section_number":"8.7-509","catch_line":"Receipt or bill; when adequate compliance with commercial contract","url":"\/8.7-509\/","token":"8.7\/5\/8.7-509","metadata":false}],"previous_section":{"id":86028,"structure_id":15835,"section_number":"8.7-502","catch_line":"Rights acquired by due negotiation","url":"\/8.7-502\/","token":"8.7\/5\/8.7-502","metadata":false},"next_section":{"id":83770,"structure_id":15835,"section_number":"8.7-504","catch_line":"Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery","url":"\/8.7-504\/","token":"8.7\/5\/8.7-504","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.7-503\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1964, chapter 219; in 2000, chapter 1007<\/a>; in 2004, chapter 200<\/a>.<\/p>","references":[{"id":74675,"section_number":"8.7-403","catch_line":"Obligation of bailee to deliver; excuse","order_by":null,"url":"\/8.7-403\/"},{"id":86028,"section_number":"8.7-502","catch_line":"Rights acquired by due negotiation","order_by":null,"url":"\/8.7-502\/"}],"refers_to":[{"id":72662,"section_number":"8.2-403","catch_line":"Power to transfer; good faith purchase of goods; \"entrusting.\"","order_by":null,"url":"\/8.2-403\/"},{"id":60750,"section_number":"8.2A-304","catch_line":"Subsequent lease of goods by lessor","order_by":null,"url":"\/8.2A-304\/"},{"id":71591,"section_number":"8.2A-305","catch_line":"Sale or sublease of goods by lessee","order_by":null,"url":"\/8.2A-305\/"},{"id":74675,"section_number":"8.7-403","catch_line":"Obligation of bailee to deliver; excuse","order_by":null,"url":"\/8.7-403\/"},{"id":83770,"section_number":"8.7-504","catch_line":"Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery","order_by":null,"url":"\/8.7-504\/"},{"id":62582,"section_number":"8.9A-320","catch_line":"Buyer of goods","order_by":null,"url":"\/8.9A-320\/"},{"id":59162,"section_number":"8.9A-321","catch_line":"Licensee of general intangible and lessee of goods in ordinary course of business","order_by":null,"url":"\/8.9A-321\/"}],"permalink":{"id":283569,"object_type":"law","relational_id":61107,"identifier":"8.7-503","token":"8.7\/5\/8.7-503","url":"\/8.7-503\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.7-503\/","token":"8.7\/5\/8.7-503","dublin_core":{"Title":"Document to goods defeated in certain cases","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.7-503","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

1.<\/span> A document confers no right in goods against a person who before issuance of the document had a legal interest or a perfected security interest in them and who neither: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

a.<\/span> delivered or entrusted them or any document covering them to the bailor or his nominee with (i) actual or apparent authority to ship, store or sell, (ii) power to obtain delivery under § 8.7-403<\/a>, or (iii) power of disposition<\/span> under §§ 8.2-403<\/a>, 8.2A-304<\/a>(2), 8.2A-305<\/a>(2), 8.9A-320<\/a>, or § 8.9A-321<\/a>(c) or other statute<\/span> or rule of law<\/span>; nor <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> acquiesced in the procurement by the bailor or his nominee of any document. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Title to goods based upon an unaccepted delivery order<\/span> is subject to the rights of anyone to whom a negotiable warehouse receipt or bill of lading covering the goods has been duly negotiated. Such a title may be defeated under § 8.7-504<\/a> to the same extent as the rights of the issuer or a transferee from the issuer. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Title to goods based upon a bill of lading issued to a freight forwarder is subject to the rights of anyone to whom a bill issued by the freight forwarder is duly negotiated. However, delivery by the carrier in accordance with Part 4 of this title pursuant to its own bill of lading discharges the carrier’s obligation to deliver. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDOCUMENT TO GOODS DEFEATED IN CERTAIN CASES (\u00a7 8.7-503)\n\n1. A document confers no right in goods against a person who before issuance of\nthe document had a legal interest or a perfected security interest in them and\nwho neither:\n\n a. delivered or entrusted them or any document covering them to the bailor or\n his nominee with (i) actual or apparent authority to ship, store or sell, (ii)\n power to obtain delivery under § 8.7-403, or (iii) power of disposition\n under §§ 8.2-403, 8.2A-304(2), 8.2A-305(2), 8.9A-320, or §\n 8.9A-321(c) or other statute or rule of law; nor\n\n b. acquiesced in the procurement by the bailor or his nominee of any document.\n\n2. Title to goods based upon an unaccepted delivery order is subject to the\nrights of anyone to whom a negotiable warehouse receipt or bill of lading\ncovering the goods has been duly negotiated. Such a title may be defeated under\n§ 8.7-504 to the same extent as the rights of the issuer or a transferee\nfrom the issuer.\n\n3. Title to goods based upon a bill of lading issued to a freight forwarder is\nsubject to the rights of anyone to whom a bill issued by the freight forwarder\nis duly negotiated. However, delivery by the carrier in accordance with Part 4\nof this title pursuant to its own bill of lading discharges the carrier’s\nobligation to deliver.\n\nHISTORY: Code 1950, \u00a7 61-44; 1964, c. 219; 2000, c. 1007; 2004, c. 200.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}