Title 11, Chapter 7, Section 404
( 11-7-404)
No liability for good faith delivery pursuant to receipt or bill. A bailee who in good faith including observance of reasonable
commercial standards has received goods and delivered or otherwise
disposed of them according to the terms of the document of title or
pursuant to this article is not liable therefor. This rule applies
even though the person from whom he received the goods had no
authority to procure the document or to dispose of the goods and
even though the person to whom he delivered the goods had no
authority to receive them. |