Commercial Code § 7404

CHAPTER 4. Warehouse Receipts and Bills of Lading: General Obligations

Current as of September 28, 2026Com. Code, § 7404Official source ↗

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

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 division 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.