{"data":{"id":"us-il/810-ilcs-5-7-507","jurisdiction":"us-il","citation":"810 ILCS 5/7-507","heading":"","body":"Warranties on negotiation or delivery of document of title. If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 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":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"4972e92f454a534357b9b97160d6a872b0dbbefbcf173fa7eec3bf33ea583910","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-7-506","next":"us-il/810-ilcs-5-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}
