Louisiana § 10:7-404 No liability for good faith delivery pursuant to document of title

Louisiana Statutes

§ 10:7-404 — No liability for good faith delivery pursuant to document of title

Louisiana·Title 10 Commercial Laws

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.

Louisiana § 10:7-404 (No liability for good faith delivery pursuant to document of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.