Receipt or Bill: When Adequate Compliance With Commercial Contract. The question whether a document is adequate to fulfill the obligations of a contract for sale or the conditions of a credit is governed by the divisions on sales (division 2 of this title [5 CMC § 2101 et seq.]) and on letters of credit (division 5 of this title [5 CMC § 5101 et seq.]). Source: PL 3-56, § 1 (§ 7509).
Receipt or Bill: When Adequate Compliance With Commercial Contract
5 CMC § 7509, under Warehouse Receipts and Bills of Lading: Negotiation and Transfer.
5 CMC § 7509