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2017 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-7404 No liability for good faith delivery pursuant to document of title
Universal Citation: AZ Rev Stat § 47-7404 (2017)
47-7404. 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.
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