104.7404 - No liability for good-faith delivery pursuant to document of title. - Nevada Statutes

104.7404  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 Article is not liable for the goods even if:

      1.  The person from whom the bailee received the goods did not have authority to procure the document or to dispose of the goods; or

      2.  The person to whom the bailee delivered the goods did not have authority to receive the goods.

      (Added to NRS by 2005, 844)