2014 Tennessee Code
Title 47 - Commercial Instruments And Transactions
Chapter 7 - Uniform Commercial Code -- Documents of Title
Part 4 - Warehouse Receipts and Bills of Lading: General Obligations
§ 47-7-404 - No liability for good-faith delivery pursuant to document of title.

TN Code § 47-7-404 (2014) What's This?

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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