GroundRules
D.C. Code § 28:7-507: Warranties on negotiation or delivery of document of title.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 7. Documents of Title.
- Part 1. General.
If a person negotiates or delivers a document of title for value, other than as a mere intermediary under § 28:7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only 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.
Collected 2026-08-29T05:44:07Z. Source file · JSON