2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 71 - General
Section 7104 - Negotiable and nonnegotiable document of title

     § 7104.  Negotiable and nonnegotiable document of title.
        (a)  Negotiable.--Except as otherwise provided in subsection
     (c), document of title is negotiable if, by its terms, the goods
     are to be delivered to the bearer or to the order of a named
     person.
        (b)  Nonnegotiable.--A document of title other than one
     described in subsection (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)  Legend determinative.--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.