Rhode Island General Laws 6A-7-404. No liability for good-faith delivery pursuant to document of title
Current as of: 2024 | Check for updates
|
Other versions
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.
History of Section.
P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.
Terms Used In Rhode Island General Laws 6A-7-404
- Bailee: means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. See Rhode Island General Laws 6A-7-102
- Good faith: means honesty in fact and the observance of reasonable commercial standards of fair dealing. See Rhode Island General Laws 6A-7-102
- Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Rhode Island General Laws 6A-7-102
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6