A bailee who, in good faith, has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or under this chapter is not liable for the goods even if the person

(1) from whom the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
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Terms Used In Alaska Statutes 45.07.404

  • bailee: means a person who, by a warehouse receipt, bill of lading, or other document of title, acknowledges possession of goods and contracts to deliver them. See Alaska Statutes 45.07.112
  • goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Alaska Statutes 45.07.112
(2) to whom the bailee delivered the goods did not have authority to receive the goods.
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