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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1307.404 | No liability for good-faith delivery pursuant to document of title - UCC 7-404.

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1307 Documents Of Title
 
Effective:
June 29, 2011
Latest Legislation:
House Bill 9 - 129th General Assembly
PDF:
Download Authenticated PDF
 

No liability for good-faith delivery pursuant to document of title [UCC 7-404]

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 sections 1307.101 to 1307.603 of the Revised Code is not liable for the goods even if:

(A) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods; or

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

Available Versions of this Section