Clause Paramount

Clause Paramount

Summary of Clause Paramount

A provision in an ocean bill of lading that incorporates by reference laws or international agreements into the bill. The term is most commonly used with reference to the enacting clause of the CARRIAGE OF GOODS BY SEA ACT (read this and related legal terms for further details) of 1936, which stipulates “that every bill of lading or similar document of title which is evidence of a contract for the carriage of goods by sea to or from ports of the United States, in foreign trade, shall have effect subject to the provisions of this Act.”

(Main Author: William J. Miller)


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