Adequate Compliance With Commercial Contract

N.Y. Uniform Commercial Code Law § 7-509, under Warehouse Receipts and Bills of Lading: Negotiation and Transfer.

N.Y. Uniform Commercial Code Law § 7-509

Section 7--509. Adequate Compliance With Commercial Contract. Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Article 2, 2-A, or 5.