Michigan Compiled Laws 174-1962-7-4 Part 4 Warehouse Receipts And Bills Of Lading: General Obligations (440.7401...440.7404)

• Section 440.7401 Irregularities In Issue Of Document Of Title.
  The obligations imposed by this article on an issuer apply to a document of title even if any of the following apply: (a) The...
• Section 440.7402 Duplicate Document Of Title; Overissue.
  A duplicate or any other document of title purporting to cover goods already represented by an outstanding document of the same issuer does not...
• Section 440.7403 Delivery; Exceptions; Satisfaction Of Bailee's Lien; Cancellation Or Indication Of Partial Delivery.
  (1) A bailee shall deliver the goods to a person entitled under a document of title if the person complies with subsections (2) and...
• Section 440.7404 Bailee's Delivery In Good Faith According 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...

Last modified: October 10, 2016