A document of title is negotiable if by its terms the goods are to be delivered to bearer or to the order of a named person.
A document of title other than one described in subsection (a) 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.
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.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 7 - Uniform Commercial Code-Documents of Title
§ 75-7-102. Definitions and index of definitions
§ 75-7-103. Relation of chapter to treaty, statute, tariff or regulation
§ 75-7-104. Negotiable and nonnegotiable bill of lading or other document of title