1307.01 Definitions - UCC 7-102. - Ohio Statutes

1307.01 Definitions - UCC 7-102.

(A) As used in sections 1307.01 to 1307.40 of the Revised Code, unless the context otherwise requires:

(1) “Bailee” means the person who by a warehouse receipt, bill of lading, or other document of the title acknowledges possession of goods and contracts to deliver them.

(2) “Consignee” means the person named in a bill to whom or to whose order the bill promises delivery.

(3) “Consignor” means the person named in a bill as the person from whom the goods have been received for shipment.

(4) “Delivery order” means a written order to deliver goods directed to a warehouseman, carrier or other person who in the ordinary course of business issues warehouse receipts or bills of lading.

(5) “Document” means document of title as defined in division (O) of section 1301.01 of the Revised Code.

(6) “Goods” means all things which are treated as removable for the purposes of a contract of storage or transportation.

(7) “Issuer” means a bailee who issues a document except that in relation to an unaccepted delivery order it means the person who orders the possessor of goods to deliver. Issuer includes any person for whom an agent or employee purports to act in issuing a document if the agent or employee has real or apparent authority to issue documents, notwithstanding that the issuer received no goods or that the goods were misdescribed or that in any other respect the agent or employee violated his instructions.

(8) “Warehouseman” is a person engaged in the business of storing of goods for hire.

(B) Other definitions applying to sections 1307.01 to 1307.40 of the Revised Code are:

(1) “Duly negotiate,” as defined in section 1307.29 of the Revised Code;

(2) “Person entitled under the document,” as defined in section 1307.27 of the Revised Code.

(C) As used in sections 1307.01 to 1307.40 of the Revised Code, “contract for sale” and “receipt” of goods have the meaning set forth in section 1302.01 of the Revised Code, and “overseas” has the meaning set forth in section 1302.36 of the Revised Code.

(D) The terms and principles of construction and interpretation contained in sections 1301.01 to 1301.14 of the Revised Code are applicable to sections 1307.01 to 1307.40 of the Revised Code.

Effective Date: 10-16-1980