{"code":"COM","codeName":"Commercial Code","section":"7507","citation":"Com. Code, § 7507","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. DOCUMENTS OF TITLE [7101. - 7603.]","url":"https://blackletter.si/commercial-code/division-7"},{"name":"CHAPTER 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer [7501. - 7509.]","url":"https://blackletter.si/commercial-code/division-7/chapter-5"}],"history":"Repealed and added by Stats. 2006, Ch. 254, Sec. 49.   Effective January 1, 2007.","effective":"2007-01-01","html":"<p>If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section <a href=\"/com/7508\">7508</a>, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:</p><p>(1) the document is genuine;</p><p>(2) the transferor does not have knowledge of any fact that would impair the document’s validity or worth; and</p><p>(3) the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.</p>","text":"If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that: (1) the document is genuine; (2) the transferor does not have knowledge of any fact that would impair the document’s validity or worth; and (3) the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.","otherVersions":[],"url":"https://blackletter.si/commercial-code/warehouse-receipts-and-bills-of-lading-negotiation-and-7507","source":"California Legislative Information bulk export (pubinfo)"}