§ 7-404. 7-404
84 words·~1 min read·
/us/ucc/a7/s7-404A 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 article 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 .