United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:7-404

A bailee acting in good faith is not liable for goods delivered or otherwise disposed of under a document of title or this Chapter, even if the sender or recipient lacked authority.

bailee liabilitydocument of titlegoods delivery

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“A bailee acting in good faith is not liable for goods delivered or otherwise disposed of under a document of title or this Chapter, even if the sender or recipient lacked authority.”

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RS 10:7-404

A bailee acting in good faith is not liable for goods delivered or otherwise disposed of under a document of title or this Chapter, even if the sender or recipient lacked authority.

Section 10:7-404

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§ 10:7-404RS 10:7-404Provision

A bailee acting in good faith is not liable for goods delivered or otherwise disposed of under a document of title or this Chapter, even if the sender or recipient lacked authority.

§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. Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
Section 10:7-404Verify source

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