Indiana Code
Chapter 7. Documents of Title
26-1-7-106. Control of Electronic Document of Title

Sec. 106. (a) A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to which the electronic document was issued or transferred.
(b) A system satisfies subsection (a), and a person is deemed to have control of an electronic document of title, if the document is created, stored, and assigned in such a manner that:
(1) a single authoritative copy of the document exists that is unique, identifiable, and, except as otherwise provided in subdivisions (4), (5), and (6), unalterable;
(2) the authoritative copy identifies the person asserting control as:
(A) the person to which the document was issued; or
(B) if the authoritative copy indicates that the document has been transferred, the person to which the document was most recently transferred;
(3) the authoritative copy is communicated to and maintained by the person asserting control or its designated custodian;
(4) copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the person asserting control;
(5) each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy that is not the authoritative copy; and
(6) any amendment of the authoritative copy is readily identifiable as authorized or unauthorized.
As added by P.L.143-2007, SEC.29.

Structure Indiana Code

Indiana Code

Title 26. Commercial Law

Article 1. Uniform Commercial Code

Chapter 7. Documents of Title

26-1-7-101. Short Title

26-1-7-102. Definitions and Index of Definitions

26-1-7-103. Relation of Chapter to Other Laws

26-1-7-104. Negotiable and Nonnegotiable Warehouse Receipt, Bill of Lading, and Other Document of Title

26-1-7-105. Tangible Substitute for Electronic Document of Title

26-1-7-106. Control of Electronic Document of Title

26-1-7-201. Who May Issue a Warehouse Receipt; Storage Under Government Bond

26-1-7-202. Form of Warehouse Receipt; Essential Terms; Optional Terms

26-1-7-203. Liability for Nonreceipt or Misdescription

26-1-7-204. Duty of Care; Contractual Limitation of Warehouse's Liability

26-1-7-205. Title Under Warehouse Receipt Defeated in Certain Cases

26-1-7-206. Termination of Storage at Warehouse's Option

26-1-7-207. Goods Must Be Kept Separate; Fungible Goods

26-1-7-208. Altered Warehouse Receipts

26-1-7-209. Warehouse Lien

26-1-7-210. Enforcement of Warehouse's Lien

26-1-7-301. Liability for Nonreceipt or Misdescription; "Said to Contain"; "Shipper's Load and Count"; Improper Handling

26-1-7-302. Through Bills of Lading and Similar Documents

26-1-7-303. Diversion; Reconsignment; Change of Instructions

26-1-7-304. Bills of Lading in a Set

26-1-7-305. Destination Bills

26-1-7-306. Altered Bills of Lading

26-1-7-307. Lien of Carrier

26-1-7-308. Enforcement of Carrier's Lien

26-1-7-309. Duty of Care; Contractual Limitation of Carrier's Liability

26-1-7-401. Irregularities in Issue of Receipt or Bill or Conduct of Issuer

26-1-7-402. Duplicate Receipt or Bill; Overissue

26-1-7-403. Obligation of Warehouse or Carrier to Deliver; Excuse

26-1-7-404. No Liability for Good Faith Delivery Upon Receipt or Bill

26-1-7-501. Form of Negotiation and Requirements of "Due Negotiation"

26-1-7-502. Rights Acquired by Due Negotiation

26-1-7-503. Form of Negotiation and Requirements of "Due Negotiation"

26-1-7-504. Rights Acquired in the Absence of Due Negotiation; Effect of Diversion; Seller's Stoppage of Delivery

26-1-7-505. Endorser Not a Guarantor for Other Parties

26-1-7-506. Delivery Without Endorsement; Right to Compel Endorsement

26-1-7-507. Warranties on Negotiation or Transfer of Receipt or Bill

26-1-7-508. Warranties of Collecting Bank as to Documents

26-1-7-509. Receipt or Bill; When Adequate to Comply With Commercial Contract

26-1-7-601. Lost and Missing Documents

26-1-7-602. Attachment of Goods Covered by a Negotiable Document

26-1-7-603. Conflicting Claims; Interpleader