{"data":{"id":"us-la/rs-10-7-104","jurisdiction":"us-la","citation":"RS 10:7-104","heading":"Negotiable and nonnegotiable document of title","body":"(a) Except as otherwise provided in Subsection (c) of this Section, 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) of this Section 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 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74292","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:06Z","sha256":"780f6c8d6f77d1974444683836b8bbc94307062525a1e09a21a79ff36c094d0f","source_id":"us-la","stale":false,"prev":"us-la/rs-10-7-103","next":"us-la/rs-10-7-105"},"notice":"GroundRules: Original legal text. Not legal advice."}