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§ 440.2322 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 440 - Uniform Commercial Codeact 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)/
  5. Statute Act 174 of 1962/
  6. Article 2 - Sales (440.2101...440.2725)174-1962-2-3 -/
  7. Division 174 1962 2 3/
  8. § 440.2322
Michigan Legal Code

§ 440.2322

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440.2322 Delivery exship. Sec. 2322. (1) Unless otherwise agreed a term for delivery of goods 'exship' (which means from the carrying vessel) or in equivalent language is not restricted to a particular ship and requires delivery from a ship which has reached a place at the named port of destination where goods of the kind are usually discharged. (2) Under such a term unless otherwise agreed (a) the seller must discharge all liens arising out of the carriage and furnish the buyer with a direction which puts the carrier under a duty to deliver the goods; and (b) the risk of loss does not pass to the buyer until the goods leave the ship's tackle or are otherwise properly unloaded. History: 1962, Act 174, Eff. Jan. 1, 1964