Idaho Statutes
§ 28-7-508 — WARRANTIES OF COLLECTING BANK AS TO DOCUMENTS OF TITLE
Idaho § 28-7-508
JurisdictionIdaho
Title 28COMMERCIAL TRANSACTIONS
Part 5.WAREHOUSE RECEIPTS AND BILLS OF LADING — NEGOTIATION AND TRANSFER
Ch. 7DOCUMENTS OF TITLE
This text of Idaho § 28-7-508 (WARRANTIES OF COLLECTING BANK AS TO DOCUMENTS OF TITLE) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Idaho Code § 28-7-508 (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.
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Legislative History
[28-7-508, added 2004, ch. 42, sec. 2, p. 95.]
Nearby Sections
15
§ 28-1-101
SHORT TITLES§ 28-1-102
SCOPE OF CHAPTER§ 28-1-104
CONSTRUCTION AGAINST IMPLIED REPEAL§ 28-1-105
SEVERABILITY§ 28-1-106
USE OF SINGULAR AND PLURAL — GENDER§ 28-1-107
SECTION CAPTIONS§ 28-1-201
GENERAL DEFINITIONS§ 28-1-202
NOTICE — KNOWLEDGE§ 28-1-204
VALUE§ 28-1-205
REASONABLE TIME — SEASONABLENESS§ 28-1-206
PRESUMPTIONSCite This Page — Counsel Stack
Bluebook (online)
Idaho § 28-7-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/28-7-508.