{"data":{"id":"us-ar/ark.-code-ann.-4-7-104","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-7-104","heading":"Negotiable and nonnegotiable document of title.","body":"(a) Except as otherwise provided in subsection (c), 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.\n(b) 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.\n(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.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 7 Documents of Title","Part 1 — General"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"65537221b1a07f0e7f304abd63fbeec79c851f5c01c23a58f3630cac5b82ab31","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-7-103","next":"us-ar/ark.-code-ann.-4-7-105"},"notice":"GroundRules: Original legal text. Not legal advice."}