Ohio Rev. Code § 1307.404

Current with legislation from 2024 received as of May 9, 2024.

Section 1307.404 - No liability for good-faith delivery pursuant to document of title - UCC 7-404

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 sections 1307.101 to 1307.603 of the Revised Code is not liable for the goods even if:

(A) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or

(B) The person to which the bailee delivered the goods did not have authority to receive the goods.

R.C. §1307.404

Renumbered from §1307.28 and amended by 129th General AssemblyFile No.9,HB 9, §1, eff. 6/29/2011.