Okla. Stat. tit. 12A, § 12A-7-104
This is the official text of Okla. Stat. tit. 12A, § 12A-7-104, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Negotiable and nonnegotiable document of title
Official statutory text
Negotiable and Nonnegotiable Document of Title.
(a) Except as otherwise provided in subsection (c) of this
section, 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.
(b) A document of title other than one described in subsection
(a) of this section is nonnegotiable. 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.
(c) A document of title is nonnegotiable if, at the time it is
issued, the document has a conspicuous legend, however expressed,
that it is nonnegotiable.
(a) Except as otherwise provided in subsection (c) of this
section, 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.
(b) A document of title other than one described in subsection
(a) of this section is nonnegotiable. 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.
(c) A document of title is nonnegotiable if, at the time it is
issued, the document has a conspicuous legend, however expressed,
that it is nonnegotiable.
Status: in_force · Read it on the official government site
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