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2018 Louisiana Laws
Revised Statutes
TITLE 10 - Commercial Laws
RS 10:7-404 - No liability for good faith delivery pursuant to document of title
Universal Citation: LA Rev Stat § 10:7-404 (2018)
§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 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.
Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
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