No liability for good faith delivery pursuant to document of title.

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(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. [1961 c.726 §77.4040; 2009 c.181 §76]

WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER


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