{"data":{"id":"us-nj/n.j.-stat.-12a-7-507","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:7-507","heading":"Warranties on negotiation or delivery of document of title.","body":"Warranties On Negotiation or Delivery of Document of Title.\nIf a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under 12A: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.\nL.2013, c.65, s.2.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"8d02dbd7aa3fadbaf46c5c72bb04acb164c908d07398fa8dc15e1142c4b6c842","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-7-506","next":"us-nj/n.j.-stat.-12a-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}
