Michigan Compiled Laws 174-1962-7-1 Part 1 General (440.7101...440.7106)
- Section 440.7101 Uniform Commercial Code—documents Of Title; Short Title Of Article.
This article shall be known and may be cited as "uniform commercial code—documents of title". History: 1962, Act 174, Eff. Jan. 1, 1964 ;--...
- Section 440.7102 Uniform Commercial Code; Documents Of Title; Definitions.
(1) As used in this article, unless the context otherwise requires: (a) "Bailee" means a person that by a warehouse receipt, bill of lading,...
- Section 440.7103 Article Subject To Governmental Treaty, Statute, Or Regulatory Statute; Electronic Signatures.
(1) This article is subject to any treaty or statute of the United States or regulatory statute of this state to the extent the...
- Section 440.7104 Negotiable And Nonnegotiable Warehouse Receipt, Bill Of Lading, Or Other Document Of Title.
(1) Except as otherwise provided in subsection (3), a document of title is negotiable if by its terms the goods are to be delivered...
- Section 440.7105 Tangible Document Of Title As Substitute For Electronic Document; Electronic Document Title As Substitute For Tangible Document Of Title; Conditions.
(1) Upon request of a person entitled under an electronic document of title, the issuer of the electronic document may issue a tangible document...
- Section 440.7106 Person Having Control Of Electronic Document.
(1) A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic...
Last modified: October 10, 2016