70A-7a-404. No liability for good-faith delivery pursuant to document of title.
101 words·~1 min read·
/ut/title-70a/chapter-7a/70a-7a-404·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
70A-7a-404. No liability for good-faith delivery pursuant to document of title.
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.
Enacted by Chapter 42 , 2006 General Session