Maryland Statutes
§ 7-508
Maryland § 7-508
This text of Maryland § 7-508 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 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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Bluebook (online)
Maryland § 7-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/7-508.