☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

< > Effective - 28 Aug 2017, 2 histories bottom

  400.7-404.  No liability for good faith delivery pursuant to receipt or bill. — 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

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

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(L. 1963 p. 503 § 7-404, A.L. 2017 H.B. 34)


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