State Codes and Statutes
Statutes > Alaska > Title-45 > Chapter-45-07 > Article-01 > Sec-45-07-104(a) A warehouse receipt, bill of lading, or other document of title is negotiable if
(1) by its terms the goods are to be delivered to bearer or to the order of a named person; or
(2) recognized in overseas trade, if it runs to a named person or assigns.
(b) Any other document is nonnegotiable. A bill of lading in which it is stated 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 a written order signed by the same or another named person.
