Section 355.7-404 - No liability for good faith delivery pursuant to document of titleA 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.Repealed and reenacted by 2012 Ky. Acts ch. 132,§ 29, eff. 7/11/2012. Created 1958 Ky. Acts ch. 77, sec. 7-404, effective 7/1/1960.