New Jersey § 12a:7-105
Full text of New Jersey New Jersey Statutes § 12a:7-105, with citation guidance and answers to common questions.
§ 12a:7-105.
a. 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: (1) the person entitled under the electronic document surrenders control of the document
to the issuer; and (2) the tangible document when issued contains a statement that it is issued in substitution
for the electronic document. b. Upon issuance of a tangible document of title in substitution for an electronic
document of title in accordance with subsection a. of this section: (1) the electronic document ceases to have any effect or validity; and (2) 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. c. 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: (1) the person entitled under the tangible document surrenders possession of the document
to the issuer; and (2) the electronic document when issued contains a statement that it is issued in
substitution for the tangible document. d. Upon issuance of an electronic document of title in substitution for a tangible
document of title in accordance with subsection c. of this section: (1) the tangible document ceases to have any effect or validity; and (2) 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.
Frequently Asked Questions About New Jersey § 12a:7-105
What does New Jersey Statutes § 12a:7-105 cover?
Section 12a:7-105 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:7-105?
A common citation format is "New Jersey Statutes § 12a:7-105" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:7-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.