§ 4-7-102 — Definitions and index of definitions

Colorado § 4-7-102

• Jurisdiction: Colorado
• Title 04: Uniform
• Art.: Documents of Title

Text

(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(10) Repealed.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(12) Repealed.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.

Legislative History

Source: L. 2006: Entire article R&RE, p. 469, � 2, effective September 1. L. 2007: (b)(2) amended, p. 365, � 1, effective August 3. L. 2023: IP(a) amended and (a)(10) and (a)(12) repealed, (SB 23-090), ch. 136, p. 536, � 35, effective August 7.