Wisconsin § 407.404 No liability for good faith delivery pursuant to document of title.

Wisconsin Statutes

§ 407.404 — No liability for good faith delivery pursuant to document of title.

Wisconsin § 407.404

Ch. 407Uniform commercial code — documents of title

Subch.subch. IV of ch. 407 SUBCHAPTER IV

WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS

This text of Wisconsin § 407.404 (No liability for good faith delivery pursuant to document of title.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 407.404 (2026).

Text

404  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 any of the following apply:
404(1) (1) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods.
404(2) (2) The person to which the bailee delivered the goods did not have authority to receive the goods.

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407.404 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 any of the following apply:
407.404(1) (1) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods.
407.404(2) (2) The person to which the bailee delivered the goods did not have authority to receive the goods.