# Wis. Stat. § 407.104: Negotiable and nonnegotiable document of title

> Wisconsin · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.104

## Section

- **Citation:** Wis. Stat. § 407.104
- **Heading:** Negotiable and nonnegotiable document of title
- **Jurisdiction:** Wisconsin
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** WI Code / Chapter 407 / Section 407.104

## Text

(1) Except as provided in sub. (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.

(2) A document of title other than one described in sub. (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.

(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.

History: 2009 a. 322 .

## Nearby sections

- [Wis. Stat. § 407.101 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.101.md)
- [Wis. Stat. § 407.102 Definitions and index of definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.102.md)
- [Wis. Stat. § 407.103 Relation of chapter to treaty or statute.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.103.md)
- [Wis. Stat. § 407.104 Negotiable and nonnegotiable document of title.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.104.md)
- [Wis. Stat. § 407.105 Reissuance in alternative medium.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.105.md)
- [Wis. Stat. § 407.106 Control of electronic document of title.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.106.md)
- [Wis. Stat. § 407.201 Person that may issue a warehouse receipt; storage under bond.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.201.md)
- [Wis. Stat. § 407.202 Form of warehouse receipt.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.202.md)
- [Wis. Stat. § 407.203 Liability for nonreceipt or misdescription.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.203.md)
- [Wis. Stat. § 407.204 Duty of care; contractual limitation of warehouse’s liability.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.204.md)
- [Wis. Stat. § 407.205 Title under warehouse receipt defeated in certain cases.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.205.md)
- [Wis. Stat. § 407.206 Termination of storage at warehouse’s option.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.206.md)
- [Wis. Stat. § 407.207 Goods must be kept separate; fungible goods.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.207.md)
- [Wis. Stat. § 407.208 Altered warehouse receipts.](https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.208.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WI_C407_S407.104. Check the current official text before relying on it. Not legal advice.