Wisconsin Statutes & Annotations
Chapter 407 - Uniform commercial code — documents of title.
407.105 - Reissuance in alternative medium.

407.105 Reissuance in alternative medium.
(1) 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 as a substitute for the electronic document if all of the following apply:
(a) The person entitled under the electronic document surrenders control of the document to the issuer.
(b) The tangible document when issued contains a statement that it is issued in substitution for the electronic document.
(2) Upon issuance of a tangible document of title in substitution for an electronic document of title in accordance with sub. (1), all of the following apply:
(a) The electronic document ceases to have any effect or validity.
(b) The person that procured issuance of the tangible document warrants to all subsequent persons entitled under the tangible document that the warrantor was a person entitled under the electronic document when the warrantor surrendered control of the electronic document to the issuer.
(3) Upon request of a person entitled under a tangible document of title, the issuer of the tangible document may issue an electronic document of title as a substitute for the tangible document if all of the following apply:
(a) The person entitled under the tangible document surrenders possession of the document to the issuer.
(b) The electronic document when issued contains a statement that it is issued in substitution for the tangible document.
(4) Upon issuance of the electronic document of title in substitution for a tangible document of title in accordance with sub. (3), all of the following apply:
(a) The tangible document ceases to have any effect or validity.
(b) The person that procured issuance of the electronic document warrants to all subsequent persons entitled under the electronic document that the warrantor was a person entitled under the tangible document when the warrantor surrendered possession of the tangible document to the issuer.
History: 2009 a. 322.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 407 - Uniform commercial code — documents of title.

407.101 - Short title.

407.102 - Definitions and index of definitions.

407.103 - Relation of chapter to treaty or statute.

407.104 - Negotiable and nonnegotiable document of title.

407.105 - Reissuance in alternative medium.

407.106 - Control of electronic document of title.

407.201 - Person that may issue a warehouse receipt; storage under bond.

407.202 - Form of warehouse receipt.

407.203 - Liability for nonreceipt or misdescription.

407.204 - Duty of care; contractual limitation of warehouse's liability.

407.205 - Title under warehouse receipt defeated in certain cases.

407.206 - Termination of storage at warehouse's option.

407.207 - Goods must be kept separate; fungible goods.

407.208 - Altered warehouse receipts.

407.209 - Lien of warehouse.

407.210 - Enforcement of warehouse's lien.

407.301 - Liability for nonreceipt or misdescription; “said to contain"; “shipper's load and count"; improper handling.

407.302 - Through bills of lading and similar documents of title.

407.303 - Diversion; reconsignment; change of instructions.

407.304 - Tangible bills of lading in a set.

407.305 - Destination bills.

407.306 - Altered bills of lading.

407.307 - Lien of carrier.

407.308 - Enforcement of carrier's lien.

407.309 - Duty of care; contractual limitation of carrier's liability.

407.401 - Irregularities in issue of receipt or bill or conduct of issuer.

407.402 - Duplicate document of title; overissue.

407.403 - Obligation of warehouse or carrier to deliver; excuse.

407.404 - No liability for good faith delivery pursuant to document of title.

407.501 - Form of negotiation and requirements of due negotiation.

407.502 - Rights acquired by due negotiation.

407.503 - Document of title to goods defeated in certain cases.

407.504 - Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.

407.505 - Endorser not guarantor for other parties.

407.506 - Delivery without endorsement; right to compel endorsement.

407.507 - Warranties on negotiation or delivery of document of title.

407.508 - Warranties of collecting bank as to documents of title.

407.509 - Adequate compliance with commercial contract.

407.601 - Lost, stolen, or destroyed documents of title.

407.602 - Attachment of goods covered by negotiable document of title.

407.603 - Conflicting claims; interpleader.