(7-104) Negotiable and non-negotiable document of title
N.D. Cent. Code § 41-07-04
in effect41-07-04. (7-104) Negotiable and non-negotiable document of title
1. Except as otherwise provided in subsection 3, 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.
2. A document of title other than one described in subsection 1 is non-negotiable. 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.
3. A document of title is non-negotiable if, at the time it is issued, the document has a
conspicuous legend, however expressed, that it is non-negotiable.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c07.pdf#nameddest=41-07-04Fetched: 10/16/2026
