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<section article="gcl" article_name="Commercial Law" number="7-105" title_number="7" title_name="Documents of Title" subtitle_number="1" subtitle_name="In General">
  <level label="a">
    <text>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:</text>
    <level label="1">
      <text>The person entitled under the electronic document surrenders control of the document to the issuer; and</text>
    </level>
    <level label="2">
      <text>The tangible document when issued contains a statement that it is issued in substitution for the electronic document.</text>
    </level>
  </level>
  <level label="b">
    <text>Upon issuance of a tangible document of title in substitution for an electronic document of title in accordance with subsection (a):</text>
    <level label="1">
      <text>The electronic document ceases to have any effect or validity; and</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
  <level label="c">
    <text>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:</text>
    <level label="1">
      <text>The person entitled under the tangible document surrenders possession of the document to the issuer; and</text>
    </level>
    <level label="2">
      <text>The electronic document when issued contains a statement that it is issued in substitution for the tangible document.</text>
    </level>
  </level>
  <level label="d">
    <text>Upon issuance of an electronic document of title in substitution for a tangible document of title in accordance with subsection (c):</text>
    <level label="1">
      <text>The tangible document ceases to have any effect or validity; and</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
</section>
