{"data":{"id":"us/49-u.s.c.-80103","jurisdiction":"us","citation":"49 U.S.C. § 80103","heading":"Negotiable and nonnegotiable bills","body":"(a) Negotiable Bills.—(1) A bill of lading is negotiable if the bill—(A) states that the goods are to be delivered to the order of a consignee; and (B) does not contain on its face an agreement with the shipper that the bill is not negotiable. (2) Inserting in a negotiable bill of lading the name of a person to be notified of the arrival of the goods—(A) does not limit its negotiability; and (B) is not notice to the purchaser of the goods of a right the named person has to the goods. (b) Nonnegotiable Bills.—(1) A bill of lading is nonnegotiable if the bill states that the goods are to be delivered to a consignee. The indorsement of a nonnegotiable bill does not—(A) make the bill negotiable; or (B) give the transferee any additional right. (2) A common carrier issuing a nonnegotiable bill of lading must put “nonnegotiable” or “not negotiable” on the bill. This paragraph does not apply to an informal memorandum or acknowledgment.","path":["Title 49—TRANSPORTATION","CHAPTER 801—BILLS OF LADING"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc49@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T06:01:06Z","sha256":"5eb56378f37837043922882080c5575d9927c7109314500ef96ba6980ee86133","source_id":"us","stale":true,"prev":"us/49-u.s.c.-80102","next":"us/49-u.s.c.-80104"},"notice":"GroundRules: Original legal text. Not legal advice."}