§ 7509
50 words·~1 min read·
/ca/commercial-code/7509A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 Division 2 (commencing with Section 2101), Division 5 (commencing with Section 5101), or Division 10 (commencing with Section 10101).