Wisconsin Statutes
§ 407.508 — Warranties of collecting bank as to documents of title.
Wisconsin § 407.508
JurisdictionWisconsin
Ch. 407Uniform commercial code — documents of title
Subch.subch. V of ch. 407 SUBCHAPTER V
WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER
This text of Wisconsin § 407.508 (Warranties of collecting bank as to documents 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. § 407.508 (2026).
Text
407.508 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
407.508 History History: 2009 a. 322 .
Nearby Sections
15
§ 407.101
Short title.§ 407.105
Reissuance in alternative medium.§ 407.202
Form of warehouse receipt.§ 407.208
Altered warehouse receipts.§ 407.209
Lien of warehouse.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 407.508, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/407.508.