The Massachusetts Affidavit of Loss of Bill of Lading with Agreement to Hold Harmless is a legal document that serves as proof of the loss or misplacement of a bill of lading. A bill of lading is a crucial document in international shipping and trade, representing an agreement between the shipper and the carrier for the transportation of goods. This affidavit is specifically used in the state of Massachusetts and is helpful when the original bill of lading cannot be located or has been damaged or destroyed. It allows the shipper or consignee to request a new bill of lading and provides certain protections and agreements to hold harmless the carrier, protecting them from any claims or liabilities that may arise due to the loss of the original bill of lading. The Massachusetts Affidavit of Loss of Bill of Lading with Agreement to Hold Harmless typically includes the following key elements: 1. Identifying Information: This section includes details such as the shipper's name, address, contact information, consignee's information, carrier's information, and the date on which the affidavit is being executed. 2. Lost Bill of Lading Information: Here, the affidavit should provide a detailed description of the bill of lading that has been lost, including the original number, date of issuance, and any other relevant identifying information. 3. Circumstances of Loss: This section explains how the bill of lading was lost or misplaced. It may include information about theft, damage, accidental loss, or any other relevant details. 4. Agreement to Hold Harmless: This is a crucial part of the affidavit, where the shipper or consignee acknowledges and agrees to hold the carrier harmless from any claims, liabilities, or expenses arising from the loss of the original bill of lading. It indemnifies the carrier against legal action and ensures they are protected. 5. Signature and Notary: The affidavit should be signed by the shipper or consignee, under penalties of perjury. It is often required to be notarized to validate its authenticity. There may not be different types of Massachusetts Affidavit of Loss of Bill of Lading with Agreement to Hold Harmless as it typically serves a specific purpose in acknowledging the loss of the bill of lading and providing the necessary protection for the carrier. However, variations in terms and conditions may exist depending on the specific shipping or trade agreement between the parties involved.
Massachusetts Affidavit of Loss of Bill of Lading with Agreement to Hold Harmless
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How to fill out Massachusetts Affidavit Of Loss Of Bill Of Lading With Agreement To Hold Harmless?
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FAQ
When the BOL for a shipment is marked as collect, and Section 7 is signed by the shipper that signifies that if the consignee does not pay the freight charges, the carrier cannot go back to the shipper for payment. Therefore, the carrier can hold the freight until payment from the consignee is received.
If the receiving agent asks for authority to release the cargo to a consignee who cannot present an original bill of lading, it is recommended that you consult your legal or insurance advisors in order to obtain the correct indemnity before entertaining any such request.
An example of a bill of lading is the form that is provided by a moving company to a third-party carrier, which will be delivering store fixtures for them to a retail location. The third-party then checks the bill of lading to ensure that it has everything it is supposed to be delivering.
What To Include In a Bill of LadingThe number of units to be shipped.The precise weight of the shipment (multiple freight units call for each item's weight to be listed).Shipper and receiver names and addresses.The date of shipment.The carrier's unique instructions.More items...?28-Dec-2018
A letter from the shipper should be prepared detailing that the bill of lading was lost. The transporter will need a letter of indemnity from the shipper, which releases the transporter from liability. A bank guarantee financially protects the transporter for costs and liability of shipping without a bill of lading.
A bill of lading also has important ownership and financial implications, as it not only serves as a legal document of title, but also provides the details needed for accurate invoicing. The size, weight, and density of the items shipped all go into determining how much the shipment costs to transport.
What To Include In a Bill of LadingThe number of units to be shipped.The precise weight of the shipment (multiple freight units call for each item's weight to be listed).Shipper and receiver names and addresses.The date of shipment.The carrier's unique instructions.More items...?28-Dec-2018
Before the vehicle leaves the resi- dence of origin, the bill of lading must be in the possession of the driver re- sponsible for the shipment. (d) You must retain bills of lading for each move you perform for at least one year from the date you created the bill of lading.
A Bill of Lading has three primary functions: It is a contract of carriage between the carrier and the shipper. It is a receipt for shipped goods. It serves as a document of title of the goods.
This document must be surrendered to the carrier. As long as the shipper retains the original bills, they may receive payment prior to the release of the originals to the consignee or buyer.
