Vt. Stat. tit. 9A § 7-404

Current through L. 2024, c. 185.

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 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.

9A V.S.A. § 7-404

Added 2015 , No. 51, § B.3, eff. 6/3/2015.