§12A-2-320.

§12A-2-320.
   
   (1) The term C.I.F. means that the price includes in a lump sum the
   cost of the goods and the insurance and freight to the named
   destination. The term C. and F. or C.F. means that the price so
   includes cost and freight to the named destination.
   
   (2) Unless otherwise agreed and even though used only in connection
   with the stated price and destination, the term C.I.F. destination or
   its equivalent requires the seller at his own expense and risk to
   
   (a) put the goods into the possession of a carrier at the port for
   shipment and obtain a negotiable bill or bills of lading covering the
   entire transportation to the named destination; and
   
   (b) load the goods and obtain a receipt from the carrier (which may be
   contained in the bill of lading) showing that the freight has been
   paid or provided for; and
   
   (c) obtain a policy or certificate of insurance, including any war
   risk insurance, of a kind and on terms then current at the port of
   shipment in the usual amount, in the currency of the contract, shown
   to cover the same goods covered by the bill of lading and providing
   for payment of loss to the order of the buyer or for the account of
   whom it may concern; but the seller may add to the price the amount of
   the premium for any such war risk insurance; and
   
   (d) prepare an invoice of the goods and procure any other documents
   required to effect shipment or to comply with the contract; and
   
   (e) forward and tender with commercial promptness all the documents in
   due form and with any endorsement necessary to perfect the buyer's
   rights.
   
   (3) Unless otherwise agreed the term C. and F. or its equivalent has
   the same effect and imposes upon the seller the same obligations and
   risks as a C.I.F. term except the obligation as to insurance.
   
   (4) Under the term C.I.F. or C. and F. unless otherwise agreed the
   buyer must make payment against tender of the required documents and
   the seller may not tender nor the buyer demand delivery of the goods
   in substitution for the documents.