407.101 – Short title.

407.101 Short title. This chapter may be cited as uniform commercial code — documents of title. History: 2009 a. 322.

407.102 – Definitions and index of definitions.

407.102 Definitions and index of definitions. (1) In this chapter, unless the context otherwise requires: (a) “Bailee” means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. (b) “Carrier” means a person that issues a bill of lading. (c) “Consignee” […]

407.103 – Relation of chapter to treaty or statute.

407.103 Relation of chapter to treaty or statute. (1) This chapter is subject to any treaty or statute of the United States or a regulatory statute of this state to the extent the treaty, statute, or regulatory statute is applicable. (2) This chapter does not repeal or modify any law prescribing the form or contents […]

407.104 – Negotiable and nonnegotiable document of title.

407.104 Negotiable and nonnegotiable document of title. (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 […]

407.105 – Reissuance in alternative medium.

407.105 Reissuance in alternative medium. (1) Upon request of a person entitled under an electronic document of title, the issuer of the electronic document may issue a tangible document of title as a substitute for the electronic document if all of the following apply: (a) The person entitled under the electronic document surrenders control of […]

407.106 – Control of electronic document of title.

407.106 Control of electronic document of title. (1) A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to which the electronic document was issued or transferred. (2) A system satisfies sub. (1), and […]