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2019 New Jersey Revised Statutes
Title 12A - Commercial Transactions
Section 12A:7-404 - No liability For good-faith delivery pursuant to document of title.
Universal Citation: NJ Rev Stat § 12A:7-404 (2019)
12A:7-404. No liability For good-faith delivery pursuant to document of title.
12A: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:
a. the person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
b. the person to which the bailee delivered the goods did not have authority to receive the goods.
L.2013, c.65, s.2.
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