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2012 Utah Code
Title 70A - Uniform Commercial Code
Article 7a - Uniform Commercial Code - Documents of Title
Section 404 - No liability for good-faith delivery pursuant to document of title.
Universal Citation:
UT Code ยง 70A-7a-404 (2012)
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70A-7a-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.
Enacted by Chapter 42, 2006 General Session
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