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2002 Florida Code
TITLE XXXIX COMMERCIAL RELATIONS
Chapter 677 UNIFORM COMMERCIAL CODE: DOCUMENTS OF TITLE
PART I GENERAL (ss. 677.101-677.105)
677.104 Negotiable and nonnegotiable warehouse receipt, bill of lading or other document of title.
677.104 Negotiable and nonnegotiable warehouse receipt, bill of lading or other document of title.--
(1) A warehouse receipt, bill of lading or other document of title is negotiable:
(a) If by its terms the goods are to be delivered to bearer or to the order of a named person; or
(b) Where recognized in overseas trade, if it runs to a named person or assigns.
(2) 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.
History.--s. 1, ch. 65-254.
Note.--s. 7-104, U.C.C.; supersedes ss. 678.02-678.05.
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