{"data":{"id":"us-mi/mich.-comp.-laws-440.7104","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.7104","heading":"Negotiable and nonnegotiable warehouse receipt, bill of lading, or other document of title.","body":"Sec. 7104.\n\n(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\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\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":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-7104","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"28bd3f024773c03c513ecec4f0257fa3c3127c995f16eebd0bbbed094b2e9a00","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.7103","next":"us-mi/mich.-comp.-laws-440.7105"},"notice":"GroundRules: Original legal text. Not legal advice."}