# 9A V.S.A. § 104: Negotiable and nonnegotiable document of title

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S104

## Section

- **Citation:** 9A V.S.A. § 104
- **Heading:** Negotiable and nonnegotiable document of title
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 9A / Chapter 7 / Section 104

## Text

(a) Except as otherwise provided in subsection (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 subsection (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.

## Nearby sections

- [9A V.S.A. § 101 §§ 7-101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S101.md)
- [9A V.S.A. § 102 §§ 7-102. Definitions and index of definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S102.md)
- [9A V.S.A. § 103 §§ 7-103. Relation of article to treaty or statute](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S103.md)
- [9A V.S.A. § 104 §§ 7-104. Negotiable and nonnegotiable document of title](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S104.md)
- [9A V.S.A. § 105 §§ 7-105. Reissuance in alternative medium](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S105.md)
- [9A V.S.A. § 106 §§ 7-106. Control of electronic document of title](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S106.md)
- [9A V.S.A. § 201 §§ 7-201. Person that may issue a warehouse receipt; storage under bond](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S201.md)
- [9A V.S.A. § 202 §§ 7-202. Form of warehouse receipt; effect of omission](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S202.md)
- [9A V.S.A. § 203 §§ 7-203. Liability for nonreceipt or misdescription](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S203.md)
- [9A V.S.A. § 204 §§ 7-204. Duty of care; contractual limitation of warehouse's liability](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S204.md)
- [9A V.S.A. § 205 §§ 7-205. Title under warehouse receipt defeated in certain cases](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S205.md)
- [9A V.S.A. § 206 §§ 7-206. Termination of storage at warehouse's option](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S206.md)
- [9A V.S.A. § 207 §§ 7-207. Goods shall be kept separate; fungible goods](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S207.md)
- [9A V.S.A. § 208 §§ 7-208. Altered warehouse receipts](https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S208.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T9A_C7_S104. Check the current official text before relying on it. Not legal advice.