- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 7. Warehouse Receipts, Bills of Lading, and Other Documents of Title
- Section 104. Negotiable and Nonnegotiable Warehouse Receipt, Bill of Lading, or Other Document of Title.
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AS 45.07.104. Negotiable and Nonnegotiable Warehouse Receipt, Bill of Lading, or Other Document of Title.
- (a) A warehouse receipt, bill of lading, or other document of title is negotiable if
- (1) by its terms the goods are to be delivered to bearer or to the order of a named person; or
- (2) recognized in overseas trade, if it runs to a named person or assigns.
- (b) Any other document is nonnegotiable. - A bill of lading in which it is stated 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 a written order
signed by the same or another named person.
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