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 title is not liable for the goods even if:
(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
(2) The person to which the bailee delivered the goods did not have authority to receive the goods.
Structure Maryland Statutes
Subtitle 4 - Warehouse Receipts and Bills of Lading: General Obligations
Section 7-401 - Irregularities in Issue of Receipt or Bill or Conduct of Issuer
Section 7-402 - Duplicate Receipt or Bill; Overissue
Section 7-403 - Obligation of Bailee to Deliver; Excuse
Section 7-404 - No Liability for Good Faith Delivery Pursuant to Receipt or Bill