{"data":{"id":"us-me/11-m.r.s.-7-1104","jurisdiction":"us-me","citation":"11 M.R.S. §7-1104","heading":"Negotiable and nonnegotiable document of title","body":"(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.\n(2).   A document of title other than one described in subsection (1) 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(3).   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 11: UNIFORM COMMERCIAL CODE","PART 1: GENERAL"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec7-1104.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"6fd8ddb02dd31d9b18ad69aaadb6a99eafe3fdd780f49d6f554b5622f8ee2924","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-7-1103","next":"us-me/11-m.r.s.-7-1105"},"notice":"GroundRules: Original legal text. Not legal advice."}
