Alaska Statutes 45.07.507 – Warranties on negotiation or delivery of document of title
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If a person negotiates or delivers a document of title for value, other than as a mere intermediary under Alaska Stat. § 45.07.508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that
Terms Used In Alaska Statutes 45.07.507
- 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
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060