§ 6A-7-105 Reissuance in alternativemedium. – (a) 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 asa substitute for the electronic document if:
(1) The person entitled under the electronic documentsurrenders control of the document to the issuer; and
(2) The tangible document when issued contains a statementthat it is issued in substitution for the electronic document.
(b) Upon issuance of a tangible document of title insubstitution for an electronic document of title in accordance with subsection(a):
(1) The electronic document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the tangibledocument warrants to all subsequent persons entitled under the tangibledocument that the warrantor was a person entitled under the electronic documentwhen the warrantor surrendered control of the electronic document to the issuer.
(c) Upon request of a person entitled under a tangibledocument of title, the issuer of the tangible document may issue an electronicdocument of title as a substitute for the tangible document if:
(1) The person entitled under the tangible documentsurrenders possession of the document to the issuer; and
(2) The electronic document when issued contains a statementthat it is issued in substitution for the tangible document.
(d) Upon issuance of an electronic document of title insubstitution for a tangible document of title in accordance with subsection (c):
(1) The tangible document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the electronicdocument warrants to all subsequent persons entitled under the electronicdocument that the warrantor was a person entitled under the tangible documentwhen the warrantor surrendered possession of the tangible document to theissuer.
§ 6A-7-105 Reissuance in alternativemedium. – (a) 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 asa substitute for the electronic document if:
(1) The person entitled under the electronic documentsurrenders control of the document to the issuer; and
(2) The tangible document when issued contains a statementthat it is issued in substitution for the electronic document.
(b) Upon issuance of a tangible document of title insubstitution for an electronic document of title in accordance with subsection(a):
(1) The electronic document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the tangibledocument warrants to all subsequent persons entitled under the tangibledocument that the warrantor was a person entitled under the electronic documentwhen the warrantor surrendered control of the electronic document to the issuer.
(c) Upon request of a person entitled under a tangibledocument of title, the issuer of the tangible document may issue an electronicdocument of title as a substitute for the tangible document if:
(1) The person entitled under the tangible documentsurrenders possession of the document to the issuer; and
(2) The electronic document when issued contains a statementthat it is issued in substitution for the tangible document.
(d) Upon issuance of an electronic document of title insubstitution for a tangible document of title in accordance with subsection (c):
(1) The tangible document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the electronicdocument warrants to all subsequent persons entitled under the electronicdocument that the warrantor was a person entitled under the tangible documentwhen the warrantor surrendered possession of the tangible document to theissuer.
§ 6A-7-105 Reissuance in alternativemedium. – (a) 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 asa substitute for the electronic document if:
(1) The person entitled under the electronic documentsurrenders control of the document to the issuer; and
(2) The tangible document when issued contains a statementthat it is issued in substitution for the electronic document.
(b) Upon issuance of a tangible document of title insubstitution for an electronic document of title in accordance with subsection(a):
(1) The electronic document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the tangibledocument warrants to all subsequent persons entitled under the tangibledocument that the warrantor was a person entitled under the electronic documentwhen the warrantor surrendered control of the electronic document to the issuer.
(c) Upon request of a person entitled under a tangibledocument of title, the issuer of the tangible document may issue an electronicdocument of title as a substitute for the tangible document if:
(1) The person entitled under the tangible documentsurrenders possession of the document to the issuer; and
(2) The electronic document when issued contains a statementthat it is issued in substitution for the tangible document.
(d) Upon issuance of an electronic document of title insubstitution for a tangible document of title in accordance with subsection (c):
(1) The tangible document ceases to have any effect orvalidity; and
(2) The person that procured issuance of the electronicdocument warrants to all subsequent persons entitled under the electronicdocument that the warrantor was a person entitled under the tangible documentwhen the warrantor surrendered possession of the tangible document to theissuer.
