(7-105) Reissuance in alternative medium
N.D. Cent. Code § 41-07-05
in effect41-07-05. (7-105) Reissuance in alternative medium
1. Upon request of a person entitled under an electronic document of title, the issuer of
the electronic document may issue a tangible document of title as a substitute for the
electronic document if:
a. The person entitled under the electronic document surrenders control of the
document to the issuer; and
b. The tangible document when issued contains a statement that it is issued in
substitution for the electronic document.
2. Upon issuance of a tangible document of title in substitution for an electronic
document of title in accordance with subsection 1:
a. The electronic document ceases to have any effect or validity; and
b. The person that procured issuance of the tangible document warrants to all
subsequent persons entitled under the tangible document that the warrantor was
a person entitled under the electronic document when the warrantor surrendered
control of the electronic document to the issuer.
3. Upon request of a person entitled under a tangible document of title, the issuer of the
tangible document may issue an electronic document of title as a substitute for the
tangible document if:
a. The person entitled under the tangible document surrenders possession of the
document to the issuer; and
b. The electronic document when issued contains a statement that it is issued in
substitution for the tangible document.
4. Upon issuance of an electronic document of title in substitution for a tangible
document of title in accordance with subsection 3:
a. The tangible document ceases to have any effect or validity; and
b. The person that procured issuance of the electronic document warrants to all
subsequent persons entitled under the electronic document that the warrantor
was a person entitled under the tangible document when the warrantor
surrendered possession of the tangible document to the issuer.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c07.pdf#nameddest=41-07-05Fetched: 10/16/2026
