Illinois Statutes

§ 7-102 — Definitions and index of definitions

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 810 COMMERCIAL CODE·Act 810 ILCS 5/ Uniform Commercial Code.·Art. Article 7 - Documents of Title
(a)In this Article, 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 reasona

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Legislative History

(Source: P.A. 103-1036, eff. 1-1-25 .)

Nearby Sections

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