                                 CODE OF VIRGINIA

BILLS OF LADING IN A SET (§ 8.7-304)

1. Except where customary in overseas transportation, a bill of lading must not
be issued in a set of parts. The issuer is liable for damages caused by
violation of this subsection.

2. Where a bill of lading is lawfully drawn in a set of parts, each of which is
numbered and expressed to be valid only if the goods have not been delivered
against any other part, the whole of the parts constitute one bill.

3. Where a bill of lading is lawfully issued in a set of parts and different
parts are negotiated to different persons, the title of the holder to whom the
first due negotiation is made prevails as to both the document and the goods
even though any later holder may have received the goods from the carrier in
good faith and discharged the carrier&#8217;s obligation by surrender of his
part.

4. Any person who negotiates or transfers a single part of a bill of lading
drawn in a set is liable to holders of that part as if it were the whole set.

5. The bailee is obliged to deliver in accordance with part 4 of this title
against the first presented part of a bill of lading lawfully drawn in a set.
Such delivery discharges the bailee&#8217;s obligation on the whole bill.

HISTORY: 1964, c. 219.