No Liability for Good-Faith Delivery Pursuant to Document of Title

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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.


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