{"data":{"id":"us-nc/n.c.-gen.-stat.-25-7-507","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-7-507","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 G.S. 25-7-508, 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)\tThe document is genuine;\n(2)\tThe transferor does not have knowledge of any fact that would impair the document's validity or worth; and\n(3)\tThe negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents. (1917, c. 37, s. 44; 1919, c. 65, s. 34; C.S., ss. 316, 4084; 1965, c. 700, s. 1; 1998-217, s. 4(c); 2006-112, s. 25.)","path":["Chapter 25. Uniform Commercial Code.","Article 7. Documents of Title.","Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-7-507.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"8a06e3dd58eb0ee098353a485d0acb49d22d7201a4d160255fea38b91cda7a92","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-7-506","next":"us-nc/n.c.-gen.-stat.-25-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}