Minnesota Statutes
§ 336.7-508 — 336.7-508 WARRANTIES OF COLLECTING BANK AS TO DOCUMENTS OF TITLE.
Minnesota § 336.7-508
This text of Minnesota § 336.7-508 (336.7-508 WARRANTIES OF COLLECTING BANK AS TO DOCUMENTS OF TITLE.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 336.7-508 (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
2004 c 162 art 4 s 37
Nearby Sections
15
§ 336.7-101
336.7-101 SHORT TITLE.§ 336.7-105
336.7-105 REISSUANCE IN ALTERNATIVE MEDIUM.§ 336.7-208
336.7-208 ALTERED WAREHOUSE RECEIPTS.§ 336.7-209
336.7-209 LIEN OF WAREHOUSE.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 336.7-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.7-508.