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 article 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

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Terms Used In Hawaii Revised Statutes 490:7-404

(2) The person to which the bailee delivered the goods did not have authority to receive the goods.