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Code · Washington · Title 62A — Uniform Commercial Code · Chapter 62A.7

RCW 62A.7-104

310 words·~1 min read·/wa/title-62a/chapter-62a-7/62a-7-104·

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(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.
[ 2012 c 214 s 204 ; 1965 ex.s. c 157 s 7-104. Cf. former RCW sections:
(i)RCW 22.04.030 , 22.04.050 , and 22.04.060 ; 1913 c 99 ss 2, 4, and 5; RRS ss 3588, 3590, and 3591; prior: 1891 c 134 ss 5 and 8.
(ii)RCW 22.04.040 and 22.04.080 ; 1913 c 99 ss 3, 7; RRS ss 3589, 3593.
(iii)RCW 63.04.280 and 63.04.310 ; 1925 ex.s. c 142 ss 27 and 30; RRS ss 5836-27 and 5836-30.
(iv)RCW 63.04.755 (1); 1925 ex.s. c 142 s 76 ; RRS s 5836-76; formerly RCW 63.04.010 .
(v)RCW 81.32.021 through 81.32.051 , and 81.32.081 ; 1961 c 14 ss 81.32.021 through 81.32.051 , and 81.32.081 ; prior: 1915 c 159 ss 2 through 5, and 8; RRS ss 3648 through 3651, and 3654; formerly RCW 81.32.030 through 81.32.060 , and 81.32.090 .
(vi)RCW 81.32.531 ; 1961 c 14 s 81.32.531 ; prior: 1915 c 159 s 53 ; RRS s 3699; formerly RCW 81.32.010 , part.]
Notes:
Application — Savings — 2012 c 214: See notes following RCW 62A.1-101 .
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