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Get the free BILLS OF LADING AND WAREHOUSE RECEIPTS - CRIMINAL PROVISIONS

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Maryland Statutes COMMERCIAL LAW Title 18. BILLS OF LADING AND WAREHOUSE RECEIPTS CRIMINAL PROVISIONS Subtitle 5. MARYLAND SELF-SERVICE STORAGE ACT 18501. Effective10/1/2013 (a) In this subtitle the
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How to fill out bills of lading:

01
Start by entering the date and the name of the person or company issuing the bill of lading at the top of the document.
02
Next, provide the shipper's information, including their name, address, and contact details. This information is crucial for identifying the party responsible for shipping the goods.
03
Include the consignee's details, which refer to the person or company receiving the goods. This information should include their name, address, and contact information.
04
Specify the origin and destination of the goods being shipped. Include the complete addresses for both, including the city, state, and zip code.
05
Indicate the description of the goods being shipped. This should include relevant details such as the quantity, weight, dimensions, and any special handling requirements. Accuracy is essential to ensure proper identification and handling of the goods.
06
Provide information about the carrier or transportation company responsible for delivering the goods. Include their name, address, and contact details.
07
Include any additional terms or conditions that apply to the shipment. This may include instructions for handling hazardous materials, insurance coverage, or specific requirements for delivery.
08
Finally, sign and date the bill of lading to certify its accuracy and completeness. This is important for legal purposes and to confirm that the shipment has been received and accepted.

Who needs bills of lading:

01
Shippers: Shippers are the individuals or businesses responsible for shipping goods. They need bills of lading to ensure proper documentation of the shipment, provide instructions to the carrier, and establish liability in case of loss or damage.
02
Carriers: Transportation companies or carriers require bills of lading to have a clear understanding of their obligations regarding the shipment. The document helps them track and deliver the goods accurately while providing proof of receipt.
03
Consignees: Consignees are the recipients of the goods. They need bills of lading to verify the contents of the shipment, ensure the correct delivery, and resolve any disputes or issues that may arise during transit.
04
Banks and Financial Institutions: Bills of lading serve as essential documents in international trade financing. Banks and financial institutions use bills of lading to release payment or provide credit facilities based on the agreed terms and conditions.
05
Insurance Companies: Insurance companies require bills of lading to assess and provide coverage for the shipped goods. The document serves as evidence of the goods' condition at the time of shipment, ensuring proper insurance coverage.
06
Customs Authorities: Customs authorities use bills of lading to verify the details of the shipment, including the type, quantity, and value of the goods. This helps them ensure compliance with import and export regulations and assess any applicable duties or taxes.
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Bills of lading are documents issued by a carrier to acknowledge receipt of cargo for shipment.
The carrier or their authorized agent is required to file bills of lading.
Bills of lading should be filled out with accurate information about the cargo, consignee, and the shipment details.
The purpose of bills of lading is to serve as a receipt of cargo, a contract of carriage, and a document of title.
Information such as shipper details, consignee details, description of the cargo, quantity, weight, and destination must be reported on bills of lading.
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