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Ohio Rev. Code Ann. § 1307.404

No liability for good-faith delivery pursuant to document of title - UCC 7-404

Known as the Uniform Commercial Code

The act spans §§ 1307–1307 (43 sections).

Effective: June 29, 2011; Latest Legislation: House Bill 9 - 129th General Assembly

No liability for good-faith delivery pursuant to document of title [UCC 7-404]

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 sections 1307.101 to 1307.603 of the Revised Code is not liable for the goods even if:

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

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

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.