Illinois Compiled Statutes 810 ILCS 5/7-502 – Rights acquired by due negotiation
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(a) Subject to Sections 7-205 and 7-503, a holder to which a negotiable document of title has been duly negotiated acquires thereby:
(1) title to the document;
(1) title to the document;
Terms Used In Illinois Compiled Statutes 810 ILCS 5/7-502
- Bailee: means a person that by a warehouse
receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. See Illinois Compiled Statutes 810 ILCS 5/7-102 | ||||||||||||||||||||||||||||
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