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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Delivery on court order and surety bond.--If a negotiable bill of lading is lost, stolen, or destroyed, a court of competent jurisdiction may order the common carrier to deliver the goods if the person claiming the goods gives a surety bond, in an amount approved by the court, to indemnify the carrier or a person injured by delivery against liability under the outstanding original bill. The court also may order payment of reasonable costs and attorney's fees to the carrier. A voluntary surety bond, without court order, is binding on the parties to the bond.
(b) Liability to holder.--Delivery of goods under a court order under subsection (a) of this section does not relieve a common carrier from liability to a person to whom the negotiable bill has been or is negotiated for value without notice of the court proceeding or of the delivery of the goods.
Cite this article: FindLaw.com - 49 U.S.C. § 80114 - U.S. Code - Unannotated Title 49. Transportation § 80114. Lost, stolen, and destroyed negotiable bills - last updated January 01, 2024 | https://codes.findlaw.com/us/title-49-transportation/49-usc-sect-80114/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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