KRS 355.7-404: 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 article 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.