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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 8.7. Commercial Code - Warehouse Receipts, Bills of Lading and Other Documents of Title |
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PART 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer |
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SECTION 8.7-509. Receipt or bill; when adequate compliance with commercial contract |
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Whether a document is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is governed by the titles on sales (Title 8.2), leases (Title 8.2A), or letters of credit (Title 8.5A). 1964, c. 219; 2004, c. 200 . |