§ 75-7-509. Receipt or bill: when adequate compliance with commercial contract.
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Title 75, Chapter 2, 2A, or 5.
Sources: Codes, 1942, § 41A:7-509; Laws, 1966, ch. 316, § 7-509; Laws, 2006, ch. 527, § 36, eff from and after July 1, 2006.