§7-1404. 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 a document of title or pursuant to this Article is not liable for the goods even if: [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(1). The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
(2). The person to which the bailee delivered the goods did not have authority to receive the goods.
[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 7-A: DOCUMENTS OF TITLE
Part 4: WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS
11 §7-1401. Irregularities in issue of receipt or bill or conduct of issuer
11 §7-1402. Duplicate document of title; overissue
11 §7-1403. Obligation of bailee to deliver; excuse
11 §7-1404. No liability for good faith delivery pursuant to document of title