{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-7-507","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 7-507","heading":"Warranties on Negotiation or Delivery of Document of Title","body":"Section 7--507. Warranties on Negotiation or Delivery of Document of\n                  Title.\n  If a person negotiates or delivers a document of title for value,\notherwise than as a mere intermediary under Section 7--508, unless\notherwise agreed, the transferor, in addition to any warranty made in\nselling or leasing the goods, warrants to its immediate purchaser only\nthat:\n  (1) the document is genuine;\n  (2) the transferor does not have knowledge of any fact that would\nimpair the document's validity or worth; and\n  (3) the negotiation or delivery is rightful and fully effective with\nrespect to the title to the document and the goods it represents.","path":["Uniform Commercial Code Law","Article 7. Documents of Title","Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/7-507","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"64f72c9a0c9fa673fda909f842b628010f8aeeb3d5a4f9162280abbd282add58","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-7-506","next":"us-ny/n.y.-uniform-commercial-code-law-7-508"},"notice":"GroundRules: Original legal text. Not legal advice."}