GroundRules
Ark. Code Ann. § 4-7-404: No liability for good-faith delivery pursuant to document of title.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 7 Documents of Title
- Part 4 — Warehouse Receipts and Bills of Lading: General Obligations
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.
Collected 2026-09-17T21:07:03Z. Source file · JSON