N.J. Stat. § 12A:7-404: No liability For good-faith delivery pursuant to document of title.

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:

a. the person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or

b. the person to which the bailee delivered the goods did not have authority to receive the goods.

L.2013, c.65, s.2.