GroundRules
Wis. Stat. § 407.404: No liability for good faith delivery pursuant to document of title.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 407 Uniform Commercial Code — Documents Of Title
- SUBCHAPTER IV 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 any of the following apply:
(1) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods.
(2) The person to which the bailee delivered the goods did not have authority to receive the goods.
Collected 2026-09-05T12:01:22Z. Source file · JSON