{"data":{"id":"us-me/11-m.r.s.-7-1507","jurisdiction":"us-me","citation":"11 M.R.S. §7-1507","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 7‑1508, 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 11: UNIFORM COMMERCIAL CODE","PART 5: WAREHOUSE RECEIPTS AND BILLS OF LADING:  NEGOTIATION AND TRANSFER"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec7-1507.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"4eab624aafac7726eb88ac0356f097b415805469f45849b249b85a6cd10b348e","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-7-1506","next":"us-me/11-m.r.s.-7-1508"},"notice":"GroundRules: Original legal text. Not legal advice."}