Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 1 - Uniform Commercial Code > Chapter 7 - Warehouse Receipts, Bills Of Lading, And Other Documents Of Title > Part 4 - Warehouse Receipts and Bills of Lading: General Obligations > § 4-7-404 - No liability for good-faith delivery pursuant to document of title.

§ 4-7-404 - No liability for good-faith delivery pursuant to document of title.

4-7-404. No liability for good-faith delivery pursuant to document of title.

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.