California Statutes
§ 7508. — 7508. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)
California § 7508.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 7.DIVISION 7. DOCUMENTS OF TITLE
Ch. 5.CHAPTER 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer
This text of California § 7508. (7508. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Commercial Code - COM Code § 7508. (2026).
Text
A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.
Cite This Page — Counsel Stack
Bluebook (online)
California § 7508., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/7508..