{"code":"COM","codeName":"Commercial Code","section":"7104","citation":"Com. Code, § 7104","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. DOCUMENTS OF TITLE [7101. - 7603.]","url":"https://blackletter.si/commercial-code/division-7"},{"name":"CHAPTER 1. General [7101. - 7106.]","url":"https://blackletter.si/commercial-code/division-7/chapter-1"}],"history":"Repealed and added by Stats. 2006, Ch. 254, Sec. 49.   Effective January 1, 2007.","effective":"2007-01-01","html":"<p>(a) Except as otherwise provided in subdivision (c), 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.</p><p>(b) A document of title other than one described in subdivision (a) 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.</p><p>(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.</p>","text":"(a) Except as otherwise provided in subdivision (c), 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 subdivision (a) 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.","otherVersions":[],"url":"https://blackletter.si/commercial-code/general-7104","source":"California Legislative Information bulk export (pubinfo)"}