IV. Titels che represchentan rauba
1 Sch’i vegnan emess titels che represchentan rauba ch’è consegnada ad in transportader da rauba u ad in magasin, vala la surdada d’in tal document sco surdada da la rauba sezza.
2 Tgi che ha dentant acquistà la rauba da buna fai, ha la precedenza vers quel che ha acquistà ils titels da buna fai.
IV. In the case of documents of title to goods
1 Delivery of documents of title to goods which have been consigned to a carrier or a warehouse is equivalent to the delivery of the goods themselves.
2 However, where a bona fide acquirer of the document of title to goods is in conflict with a bona fide acquirer of the goods, the latter has priority.