Current with legislation from 2024 received as of August 15, 2024.
Section 1307.104 - Negotiable and nonnegotiable document of title - UCC 7-104(A) Except as otherwise provided in division (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.(B) A document of title other than one described in division (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.(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.Renumbered from § 1307.04 and amended by 129th General Assembly, HB 9, §1, eff. 6/29/2011.