440.2322 Delivery exship.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 2322.

(1)Unless otherwise agreed a term for delivery of goods "exship" (which means from the carrying vessel) or in equivalent language is not restricted to a particular ship and requires delivery from a ship which has reached a place at the named port of destination where goods of the kind are usually discharged.

(2)Under such a term unless otherwise agreed

(a)the seller must discharge all liens arising out of the carriage and furnish the buyer with a direction which puts the carrier under a duty to deliver the goods; and

(b)the risk of loss does not pass to the buyer until the goods leave the ship's tackle or are otherwise properly unloaded.

History: 1962, Act 174, Eff. Jan. 1, 1964