{"data":{"id":"us-ia/iowa-code-554.7507","jurisdiction":"us-ia","citation":"Iowa Code § 554.7507","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 554.7508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:\n1. the document is genuine;\n2. the transferor does not have knowledge of any fact that would impair the document’s validity or worth; and\n3. the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 554 - UNIFORM COMMERCIAL CODE","Article 7 - DOCUMENTS OF TITLE","Part 5 - WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/554.7507.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"3f53dfcaaafbd7419b7965f1f3c9b63c0a5c8b65fe003a79d582f4b92f5ff7e8","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.7506","next":"us-ia/iowa-code-554.7508"},"notice":"GroundRules: Original legal text. Not legal advice."}