47-7404. 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.
Section: Previous 47-7306 47-7307 47-7308 47-7309 47-7401 47-7402 47-7403 47-7404 47-7501 47-7502 47-7503 47-7504 47-7505 47-7506 47-7507 NextLast modified: October 13, 2016