New Jersey § 12a:7-106
Full text of New Jersey New Jersey Statutes § 12a:7-106, with citation guidance and answers to common questions.
§ 12a:7-106.
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. of this section, 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 which is unique, identifiable,
and, except as otherwise provided in paragraphs (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.
Frequently Asked Questions About New Jersey § 12a:7-106
What does New Jersey Statutes § 12a:7-106 cover?
Section 12a:7-106 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:7-106?
A common citation format is "New Jersey Statutes § 12a:7-106" (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:7-106 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.