Colorado Statutes
§ 4-7-508 — Warranties of collecting bank as to documents of title
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.
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Colorado § 4-7-508 (Warranties of collecting bank as to documents of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 2006: Entire article R&RE, p. 488, � 2, effective September 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith