Arizona § 47-7404 No liability for good faith delivery pursuant to document of title

Arizona Statutes

§ 47-7404 — No liability for good faith delivery pursuant to document of title

Arizona·Title 47 Arizona Revised Statutes·Ch. 7 DOCUMENTS OF TITLE·Art. 4 Warehouse Receipts and Bills of Lading: General Obligations

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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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.

Arizona § 47-7404 (No liability for good faith delivery pursuant to document of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.