Section 45.07.404. No liability for good faith delivery under document of title.

A bailee who, in good faith, has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or under this chapter is not liable for the goods even if the person
        (1) from whom the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
        (2) to whom the bailee delivered the goods did not have authority to receive the goods.

Notes

History

(Sec. 7.404 ch 114 SLA 1962; am Sec. 67 ch 44 SLA 2009)