Tex. Bus. & Com. Code § 7.404

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 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 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.

Tex. Bus. and Comm. Code § 7.404

Amended By Acts 2005, 79th Leg., Ch. 122, Sec. 1, eff. 9/1/2005.