§ 554.7102

554.7102 Definitions and index of definitions. 1. In this Article, unless the context otherwise requires:a. '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. b. 'Carrier' means a person that issues a bill of lading.c. 'Consignee' means a person named in a bill of lading to which or to whose order the bill promises delivery. d. 'Consignor' means a person named in a bill of lading as the person from which the goods have been received for shipment. e. '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 warehousereceipts or bills of lading. f. 'Good faith' means honesty in fact and the observance of reasonable commercial standards of fair dealing. g. 'Goods' means all things that are treated as movable for the purposes of a contract for storage or transportation. h. '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.

ct for storage or transportation. h. '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 includesa person for which an agent or employee purports to act in issuing a document if theagent or employee has real or apparent authority to issue documents, even if the issuer didnot receive any goods, the goods were misdescribed, or in any other respect the agent oremployee violated the issuer’s instructions. i. '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. j. 'Record' means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. k. 'Sign' means, with present intent to authenticate or adopt a record:(1) to execute or adopt a tangible symbol; or(2) to attach to or logically associate with the record an electronic sound, symbol, or process. l.

with present intent to authenticate or adopt a record:(1) to execute or adopt a tangible symbol; or(2) to attach to or logically associate with the record an electronic sound, symbol, or process. l. 'Shipper' means a person that enters into a contract of transportation with a carrier.m. 'Warehouse' means a person engaged in the business of storing goods for hire.2. Definitions in other Articles applying to this Article and the sections in which they appear are: a. 'Contract for sale' ............................ Section 554.2106b. 'Lessee in ordinary course of business' ................................................. Section 554.13103 c. 'Receipt' of goods............................. Section 554.21033. In addition, Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article. [R60, §1903; C73, §2180; C97, §3132; S13, §3138-a58, -b52; C24, 27, 31, 35, 39, §8297, 9718, 10005, 10325; C46, 50, 54, 58, 62, §487.54, 542.58, 554.77, 575.1; C66, 71, 73, 75, 77, 79, 81,§554.7102] 2007 Acts, ch 30, §2, 45, 46Referred to in §554.2103, 554.9102 Sat Dec 23 01:57:44 2023 Iowa Code 2024, Section 554.7102 (26, 0)