There Is a Newer Version
of
the Vermont Statutes
2011 Vermont Code
Title 09A Uniform Commercial Code
Article 7 Warehouse Receipts, Bills of Lading and Other Docu
§ 404 No liability for good faith delivery pursuant to receipt or bill
Universal Citation:
9A VT Stats § 7-404. (2011 through Adj Sess)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 7-404. No liability for good faith delivery pursuant to receipt or bill
A bailee who in good faith including observance of reasonable commercial standards has received goods and delivered or otherwise disposed of them according to the terms of the document of title or pursuant to this article is not liable therefor. This rule applies even though the person from whom he received the goods had no authority to procure the document or to dispose of the goods and even though the person to whom he delivered the goods had no authority to receive them.
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