84-7-404. 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:

(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.

History: L. 2007, ch. 90, § 29; July 1, 2008.

Revisor's Note:

Former section 84-7-404 repealed by L. 2007, ch. 90, § 78 and the number reassigned to the current text.