Warehouse Receipts, Bills of Lading, etc. (UCC Article 7) 

Rhode Island General Laws > Title 6A > Chapter 6A-7 > § 6A-7-507 - Warranties on negotiation or delivery of document of title

If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under § 6A-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.

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See also:

Rhode Island General Laws > Chapter 6A-7. Documents of Title

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