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Home » US Law » 2022 Vermont Statutes » Title 9A - Uniform Commercial Code » Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title » § 7—404. No liability for good-faith delivery pursuant to document of title

§ 7—404. 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 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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)