{"data":{"id":"us-tx/tex.-business-commerce-code-7.104","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 7.104","heading":"NEGOTIABLE AND NONNEGOTIABLE DOCUMENT OF TITLE.","body":"(a) 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.\nActs 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.\nAmended by:\nActs 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 7. DOCUMENTS OF TITLE","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.7.htm#7.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"1000a2d21f06485f5fbf638151436c017de6f3f94e03eb75d84381ffedaac8a1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-7.103","next":"us-tx/tex.-business-commerce-code-7.105"},"notice":"GroundRules: Original legal text. Not legal advice."}