810 ILCS 5/7-404

Current through Public Act 103-593
Section 810 ILCS 5/7-404 - 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.

810 ILCS 5/7-404

Amended by P.A. 095-0895,§ 10, eff. 1/1/2009.
Laws 1961, p. 2101.