Nevada § 104.7404 No liability for good-faith delivery pursuant to document of title

Nevada Statutes

§ 104.7404 — No liability for good-faith delivery pursuant to document of title

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Warehouse Receipts and Bills of Lading: General Obligations

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 Article 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 whom 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 Article 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 whom the bailee delivered the goods did not have authority to receive the goods.

Nevada § 104.7404 (No liability for good-faith delivery pursuant to document of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.