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La. R.S. 10:7-404

No liability for good faith delivery pursuant to document of title

Known as the Uniform Commercial Code

The act spans §§ 10–10 (238 sections).

Added by Acts 1978, No. 164, §1, eff

A bailee that in good faith has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or pursuant to this Chapter is not liable for the goods even if:

(1) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or

(2) The person to which the bailee delivered the goods did not have authority to receive the goods.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.