C.R.S. Section 4-7-102
Definitions and index of definitions


(a)

In this article 7, unless the context otherwise requires:

(1)

“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.

(2)

“Carrier” means a person that issues a bill of lading.

(3)

“Consignee” means a person named in a bill of lading to which or to whose order the bill promises delivery.

(4)

“Consignor” means a person named in a bill of lading as the person from which the goods have been received for shipment.

(5)

“Delivery order” means a record that contains an order to deliver goods directed to a warehouse, carrier, or other person that in the ordinary course of business issues warehouse receipts or bills of lading.

(6)

“Good faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing.

(7)

“Goods” means all things that are treated as movable for the purposes of a contract for storage or transportation.

(8)

“Issuer” means a bailee that issues a document of title or, in the case of an unaccepted delivery order, the person that orders the possessor of goods to deliver. The term includes a person for which an agent or employee purports to act in issuing a document if the agent or employee has real or apparent authority to issue documents, even if the issuer did not receive any goods, the goods were misdescribed, or in any other respect the agent or employee violated the issuer’s instructions.

(9)

“Person entitled under the document” means the holder, in the case of a negotiable document of title, or the person to which delivery of the goods is to be made by the terms of, or pursuant to instructions in a record under, a nonnegotiable document of title.

(10)

Repealed.

(11)

“Shipper” means a person that enters into a contract of transportation with a carrier.

(12)

Repealed.

(13)

“Warehouse” means a person engaged in the business of storing goods for hire.

(b)

Definitions in other articles applying to this article and the sections in which they appear are:

(1)

“Contract for sale”, section 4-2-106;

(2)

“Lessee in the ordinary course of business”, section 4-2.5-103;

(3)

“’Receipt’ of goods”, section 4-2-103.

(c)

In addition, article 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this article.

Source: Section 4-7-102 — Definitions and index of definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-04.­pdf (accessed Oct. 20, 2023).

4‑7‑101
Short title
4‑7‑102
Definitions and index of definitions
4‑7‑103
Relation of article to treaty or statute
4‑7‑104
Negotiable and nonnegotiable document of title
4‑7‑105
Reissuance in alternative medium
4‑7‑106
Control of electronic document of title
4‑7‑201
Person that may issue a warehouse receipt - storage under bond
4‑7‑202
Form of warehouse receipt - effect of omission
4‑7‑203
Liability for nonreceipt or misdescription
4‑7‑204
Duty of care - contractual limitation of warehouse’s liability
4‑7‑205
Title under warehouse receipt defeated in certain cases
4‑7‑206
Termination of storage at warehouse’s option
4‑7‑207
Goods must be kept separate - fungible goods
4‑7‑208
Altered warehouse receipts
4‑7‑209
Lien of warehouse
4‑7‑210
Enforcement of warehouse’s lien
4‑7‑301
Liability for nonreceipt or misdescription - “said to contain” - “shipper’s weight, load, and count” - improper handling
4‑7‑302
Through bills of lading and similar documents of title
4‑7‑303
Diversion - reconsignment - change of instructions
4‑7‑304
Tangible bills of lading in a set
4‑7‑305
Destination bills
4‑7‑306
Altered bills of lading
4‑7‑307
Lien of carrier
4‑7‑308
Enforcement of carrier’s lien
4‑7‑309
Duty of care - contractual limitation of carrier’s liability
4‑7‑401
Irregularities in issue of receipt or bill or conduct of issuer
4‑7‑402
Duplicate document of title - overissue
4‑7‑403
Obligation of bailee to deliver - excuse
4‑7‑404
No liability for good-faith delivery pursuant to document of title
4‑7‑501
Form of negotiation and requirements of due negotiation
4‑7‑502
Rights acquired by due negotiation
4‑7‑503
Document of title to goods defeated in certain cases
4‑7‑504
Rights acquired in absence of due negotiation - effect of diversion - stoppage of delivery
4‑7‑505
Indorser not guarantor for other parties
4‑7‑506
Delivery without indorsement - right to compel indorsement
4‑7‑507
Warranties on negotiation or delivery of document of title
4‑7‑508
Warranties of collecting bank as to documents of title
4‑7‑509
Adequate compliance with commercial contract
4‑7‑601
Lost, stolen, or destroyed documents of title
4‑7‑602
Attachment of goods covered by negotiable document of title
4‑7‑603
Conflicting claims - interpleader
4‑7‑701
Effective date
4‑7‑702
Applicability
4‑7‑703
Saving clause
Green check means up to date. Up to date

Current through Fall 2024

§ 4-7-102’s source at colorado​.gov