# 11 M.R.S. § 7-1104: 11 §7-1104. Negotiable and nonnegotiable document of title

> Maine · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1104

## Section

- **Citation:** 11 M.R.S. § 7-1104
- **Heading:** 11 §7-1104. Negotiable and nonnegotiable document of title
- **Jurisdiction:** Maine
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ME Code / Title 11 / Chapter 7-A / Section 7-1104

## Text

(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. [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]

(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. [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]

(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. [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]

## Nearby sections

- [11 M.R.S. § 7-1101 11 §7-1101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1101.md)
- [11 M.R.S. § 7-1102 11 §7-1102. Definitions and index of definitions](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1102.md)
- [11 M.R.S. § 7-1103 11 §7-1103. Relation of Article to treaty or statute](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1103.md)
- [11 M.R.S. § 7-1104 11 §7-1104. Negotiable and nonnegotiable document of title](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1104.md)
- [11 M.R.S. § 7-1105 11 §7-1105. Reissuance in alternative medium](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1105.md)
- [11 M.R.S. § 7-1106 11 §7-1106. Control of electronic document of title](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1106.md)
- [11 M.R.S. § 7-1201 11 §7-1201. Person that may issue a warehouse receipt;  storage under bond](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1201.md)
- [11 M.R.S. § 7-1202 11 §7-1202. Form of warehouse receipt; effect of omission](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1202.md)
- [11 M.R.S. § 7-1203 11 §7-1203. Liability for nonreceipt or misdescription](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1203.md)
- [11 M.R.S. § 7-1204 11 §7-1204. Duty of care; contractual limitation of warehouse's liability](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1204.md)
- [11 M.R.S. § 7-1205 11 §7-1205. Title under warehouse receipt defeated in certain cases](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1205.md)
- [11 M.R.S. § 7-1206 11 §7-1206. Termination of storage at warehouse's option](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1206.md)
- [11 M.R.S. § 7-1207 11 §7-1207. Goods must be kept separate; fungible goods](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1207.md)
- [11 M.R.S. § 7-1208 11 §7-1208. Altered warehouse receipts](https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ME_T11_C7-A_S7-1104. Check the current official text before relying on it. Not legal advice.