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

Terms Used In South Carolina Code 36-7-404

  • Bailee: means the person who by a warehouse receipt, bill of lading or other document of title acknowledges possession of goods and contracts to deliver them. See South Carolina Code 36-7-102
  • Document: means document of title as defined in the general definitions in Chapter 1 of this title. See South Carolina Code 36-7-102
  • Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See South Carolina Code 36-7-102

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