Effective - 28 Aug 2017, 2 histories
400.7-404. No liability for good faith delivery pursuant to receipt or bill. — 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.
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(L. 1963 p. 503 § 7-404, A.L. 2017 H.B. 34)