# Ind. Code § 26-1-7-104: Negotiable and nonnegotiable warehouse receipt, bill of lading, and other document of title

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-104

## Section

- **Citation:** Ind. Code § 26-1-7-104
- **Heading:** Negotiable and nonnegotiable warehouse receipt, bill of lading, and other document of title
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 26 / Article 1 / Chapter 7 / Section 26-1-7-104

## Text

Sec. 104. (a) Except as otherwise provided in subsection (c), 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 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.

(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.

Formerly: Acts 1963, c.317, s.7-104. As amended by P.L.143-2007, SEC.27.

## Nearby sections

- [Ind. Code § 26-1-7-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-101.md)
- [Ind. Code § 26-1-7-102 Definitions and index of definitions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-102.md)
- [Ind. Code § 26-1-7-103 Relation of chapter to other laws](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-103.md)
- [Ind. Code § 26-1-7-104 Negotiable and nonnegotiable warehouse receipt, bill of lading, and other document of title](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-104.md)
- [Ind. Code § 26-1-7-105 Tangible substitute for electronic document of title](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-105.md)
- [Ind. Code § 26-1-7-106 Control of electronic document of title; exclusive power; control on behalf of a person](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-106.md)
- [Ind. Code § 26-1-7-201 Who may issue a warehouse receipt; storage under government bond](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-201.md)
- [Ind. Code § 26-1-7-202 Form of warehouse receipt; essential terms; optional terms](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-202.md)
- [Ind. Code § 26-1-7-203 Liability for nonreceipt or misdescription](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-203.md)
- [Ind. Code § 26-1-7-204 Duty of care; contractual limitation of warehouse's liability](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-204.md)
- [Ind. Code § 26-1-7-205 Title under warehouse receipt defeated in certain cases](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-205.md)
- [Ind. Code § 26-1-7-206 Termination of storage at warehouse's option](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-206.md)
- [Ind. Code § 26-1-7-207 Goods must be kept separate; fungible goods](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-207.md)
- [Ind. Code § 26-1-7-208 Altered warehouse receipts](https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T26_A1_C7_S26-1-7-104. Check the current official text before relying on it. Not legal advice.