47-7-404 - No liability for good-faith delivery pursuant to document of title. - Tennessee Statutes

47-7-404. 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.

[Acts 2008, ch. 814, § 1.]