41-07-29. (7-404) No liability for good-faith delivery pursuant to document of title.
82 words·~1 min read·
/nd/title-41/chapter-41-07-documents-of-title/41-07-29·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or pursuant to this chapter is not liable for the goods even if:
1. The person from which the bailee received the goods did not have authority to procure
the document or to dispose of the goods; or
2. The person to which the bailee delivered the goods did not have authority to receive
the goods.