North Dakota § 41-07-04 (7-104) Negotiable and non-negotiable document of title

North Dakota Statutes

§ 41-07-04 — (7-104) Negotiable and non-negotiable document of title

North Dakota § 41-07-04

Title 41Uniform Commercial Code

Ch. 41-07Documents of Title

This text of North Dakota § 41-07-04 ((7-104) Negotiable and non-negotiable document of title) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-07-04 (2026).

Text

1.Except as otherwise provided in subsection 3, a document of title is negotiable if by its terms the goods are to be delivered to bearer or to the order of a named person.

2.A document of title other than one described in subsection 1 is non-negotiable. A bill of lading that states that the goods are consigned to a named person is not made negotiable by a provision that the goods are to be delivered only against an order in a record signed by the same or another named person.

3.A document of title is non-negotiable if, at the time it is issued, the document has a conspicuous legend, however expressed, that it is non-negotiable.

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1. Except as otherwise provided in subsection 3, a document of title is negotiable if by its
terms the goods are to be delivered to bearer or to the order of a named person.
2. A document of title other than one described in subsection 1 is non-negotiable. A bill of
lading that states that the goods are consigned to a named person is not made
negotiable by a provision that the goods are to be delivered only against an order in a
record signed by the same or another named person.
3. A document of title is non-negotiable if, at the time it is issued, the document has a
conspicuous legend, however expressed, that it is non-negotiable.