Section 382-A:7-507 Warranties on Negotiation or Delivery of Document of Title. - New Hampshire Statutes

If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Section 7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:
      (1) the document is genuine;
      (2) the transferor does not have knowledge of any fact that would impair the document's validity or worth; and
      (3) the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.

Source. 2006, 169:17, eff. Jan. 1, 2007.