PART 5. WAREHOUSE RECEIPTS AND BILLS OF LADING:
NEGOTIATION AND TRANSFER
§490:7-501 Form of negotiation and requirements of due negotiation. (a) The following rules apply to a negotiable tangible document of title:
(b) The following rules apply to a negotiable electronic document of title:
(c) Indorsement of a nonnegotiable document of title neither makes it negotiable nor adds to the transferee's rights.
(d) The naming in a negotiable bill of lading of a person to be notified of the arrival of the goods does not limit the negotiability of the bill or constitute notice to a purchaser of the bill of any interest of that person in the goods. [L 2004, c 163, pt of §1]