Montana Statutes

§ 30-7-404 — No Liability For Good Faith Delivery Pursuant To Document Of Title

Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 4 Warehouse Receipts and Bills of Lading General Obligations

30-7-404 . No liability for good faith delivery pursuant to document of title. A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of the document of title or pursuant to this chapter is not liable for the goods even if:

(1)the person from whom 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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Legislative History

En. Sec. 7-404, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-404; amd. Sec. 61, Ch. 575, L. 2005.

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