Colo. Rev. Stat. § 4-7-104
Negotiable and nonnegotiable document of title
Colorado · Colorado Revised Statutes Title 4 — Uniform Commercial Code · Status: effective
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- Citation
- Colo. Rev. Stat. § 4-7-104, Negotiable and nonnegotiable document of title, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2283141
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Full text
(a) Except as otherwise provided in subsection (c) of this section, a document of title is negotiable if by its terms the goods are to be delivered to the bearer or to the order of a named person.
(b) A document of title other than one described in subsection (a) of this section, is nonnegotiable. A bill of lading that states 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 an order in a record signed by the same or another named person.
(c) A document of title is nonnegotiable if, at the time it is issued, the document has a conspicuous legend, however expressed, that it is nonnegotiable.