North Dakota Code § 41-07-05

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:
a. The person entitled under the electronic document surrenders control of the 
document to the issuer; and
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 subsection 1:
a. The electronic document ceases to have any effect or validity; and
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:
a. The person entitled under the tangible document surrenders possession of the 
document to the issuer; and
b. The electronic document when issued contains a statement that it is issued in 
substitution for the tangible document.
4. Upon issuance of an electronic document of title in substitution for a tangible 
document of title in accordance with subsection 3:
a. The tangible document ceases to have any effect or validity; and
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.

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