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2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.7-404 No liability for good faith delivery pursuant to receipt or bill.
Universal Citation: MO Rev Stat § 400.7-404 (2017)
Effective 28 Aug 2017
Title XXVI TRADE AND COMMERCE
Chapter 400400.7-404. No liability for good faith delivery pursuant to receipt or bill. — 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 article 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.
(L. 1963 p. 503 § 7-404, A.L. 2017 H.B. 34)
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