This law allows people to refer to the entire set of rules about documents that prove ownership of goods, like warehouse receipts and bills of lading, as the 'Uniform Commercial Code—Documents of Title'.

This section defines key terms in the context of goods transportation and storage. 'Bailee' is someone who acknowledges they have goods and must deliver them. 'Carrier' issues a bill of lading, which is a document that details the goods being shipped. 'Consignee' and 'Consignor' refer to the receiver and sender of goods, respectively. A 'Delivery order' directs delivery of goods, while 'Good faith' means acting honestly. 'Goods' are movable items for transport or storage. An 'Issuer' is a bailee who issues a title document, with authority possibly delegated to agents. 'Person entitled under the document' specifies who is allowed to receive goods based on the document's terms. 'Shipper' contracts with a carrier to transport goods, and 'Warehouse' stores goods for a fee. Other divisions provide additional relevant definitions and principles.

This section explains when a document of title, which basically gives someone the right to claim goods, can be considered negotiable or not. If the document says the goods should be delivered to 'bearer' (whoever has the document) or to a specific person, it is negotiable. However, if it states otherwise or has a clear label saying 'nonnegotiable', then it's not negotiable. This means you can't transfer the right to claim the goods to someone else just by transferring the document.

This law explains how you can switch between electronic and physical documents of title. If you have control of an electronic document, you can request that the issuer replace it with a physical document. When this happens, the electronic version is no longer valid, and the person requesting the change guarantees they had rights to the electronic document at that time. Conversely, if you have a physical document, you can request it be replaced with an electronic version. Once the electronic one is issued, the physical document becomes invalid, and the requester must assure others they had the right to the tangible document when it was surrendered. In all cases, the new document must state that it replaces the previous one.

This law section explains when a person is considered to have control over an electronic document of title. Essentially, control is established if a reliable system shows that one authoritative copy of the document exists, which identifies and is managed by the rightful person. The document must be stored and transferred so that only the person in control can make changes or transfer it, and every copy is clearly marked as such. Even if multiple people share control, one person's control is exclusive unless they need another's approval to exercise it. Ultimately, control is tied to someone being able to acknowledge it or promise to control the document for someone else's behalf.