La. Stat. tit. 10 § 7-404

Current with operative changes from the 2024 Third Special Legislative Session

Section 10:7-404 - No liability for good faith delivery pursuant to document of title

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.

La. R.S. § 10:7-404

Added by Acts 1978, No. 164, §1, eff. 1/1/1979; Acts 2009, No. 207, §3, eff. 1/1/2010.