Alabama Code (Last Updated: November 28, 2014) |
Title7 COMMERCIAL CODE. |
Article7. WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE. |
Part4. Warehouse Receipts and Bills of Lading: General Obligations. |
§7-7-404. No liability for good faith delivery pursuant to document of title.
Latest version.
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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:
(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.