{"data":{"id":"us-la/rs-10-7-507","jurisdiction":"us-la","citation":"RS 10:7-507","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 R.S. 10:7-508, 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 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74323","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:06Z","sha256":"20de5e28dc61e8ca4619479a9338a40d291fc1562a2366a8c643098f09897648","source_id":"us-la","stale":false,"prev":"us-la/rs-10-7-506","next":"us-la/rs-10-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}