Maryland Code § CL-7-304

Section CL-7-304
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(a) Except as customary in international transportation, a tangible bill of
lading may not be issued in a set of parts. The issuer is liable for damages caused by
violation of this subsection.
(b) If a tangible bill of lading is lawfully issued in a set of parts, each of
which contains an identification code and is expressed to be valid only if the goods
have not been delivered against any other part, the whole of the parts constitutes one
bill.
(c) If a tangible negotiable bill of lading is lawfully issued in a set of parts
and different parts are negotiated to different persons, the title of the holder to which
the first due negotiation is made prevails as to both the document of title and the
goods even if any later holder may have received the goods from the carrier in good
faith and discharged the carrier's obligation by surrendering its part.

(d) A person that negotiates or transfers a single part of a tangible bill of
lading issued in a set is liable to holders of that part as if it were the whole set.
(e) The bailee shall deliver in accordance with Subtitle 4 against the first
presented part of a tangible bill of lading lawfully issued in a set. Delivery in this
manner discharges the bailee's obligation on the whole bill.

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