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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 §§ 10-1-101 to 10-9-343 (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.