{"data":{"id":"us-al/ala.-code-7-7-507","jurisdiction":"us-al","citation":"Ala. Code § 7-7-507","heading":"Warranties on Negotiation or Delivery of Document of Title.","body":"If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7-7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:\n(1) The document is genuine;\n(2) The transferor does not have knowledge of any fact that would impair the document’s validity or worth; and\n(3) The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.","path":["Title 7 Commercial Code.","Article 7 Warehouse Receipts, Bills of Lading and Other Documents of Title.","Part 5 Warehouse Receipts and Bills of Lading: Negotiation and Transfer."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-7-507","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"6d2b74e383dbe578f2c80fae1d66900efa925d6c6c29ad3fdb81e920b37f758c","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-7-506","next":"us-al/ala.-code-7-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}
