ORS § 77.4040

Current through 2024 Regular Session legislation effective March 27, 2024

Section 77.4040 - 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 chapter 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.

ORS 77.4040

1961 c.726 § 77.4040; 2009 c. 181, § 76