Iowa Code § 554.2322
Delivery “ex-ship”
Iowa · Iowa Code Chapter 554 — Uniform Commercial Code · Status: effective
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- Citation
- Iowa Code § 554.2322, Delivery “ex-ship”, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2272145
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Full text
1. Unless otherwise agreed a term for delivery of goods “ex-ship” (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.