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2025 Texas Statutes
Business & Commerce Code
Title 1 - Uniform Commercial Code
Chapter 7 - Documents of Title
Subchapter E. Warehouse Receipts and Bills of Lading: Negotiation and Transfer
Section 7.507. Warranties on Negotiation or Delivery of Document of Title

Universal Citation:
§ 7.507 (2025)
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Sec. 7.507. WARRANTIES ON NEGOTIATION OR DELIVERY OF DOCUMENT OF TITLE. If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7.508, unless otherwise agreed, the transferor warrants to its immediate purchaser only in addition to any warranty made in selling or leasing the goods that:

(1) the document is genuine;

(2) the transferor does not have knowledge of any fact that would impair the document's validity or worth; and

(3) the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.

Amended by:

Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.

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