Cal. Com. Code § 7404

Current through the 2023 Legislative Session.

Section 7404 - 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 division 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.

Ca. Com. Code § 7404

Added by Stats 2006 ch 254 (SB 1481),s 49, eff. 1/1/2007.