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§ 7-404. No liability for good-faith delivery pursuant to document of title

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 7. Documents of Title (Refs & Annos)
Subtitle 4. Warehouse Receipts and Bills of Lading: General Obligations (Refs & Annos)
MD Code, Commercial Law, § 7-404
§ 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 title 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.

Credits

Added by Acts 2004, c. 95, § 2, eff. Oct. 1, 2004.
MD Code, Commercial Law, § 7-404, MD COML § 7-404
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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