West Virginia Statutes

§ 46-7-508 — Warranties of collecting bank as to documents of title

West Virginia § 46-7-508
JurisdictionWest Virginia
Ch. 46UNIFORM COMMERCIAL CODE
Art. 7WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE

This text of West Virginia § 46-7-508 (Warranties of collecting bank as to documents of title) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. Va. Code § 46-7-508 (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

2006 Reg. Sess., SB742

Nearby Sections

15
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Bluebook (online)
West Virginia § 46-7-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/46/46-7-508.