Arizona Laws 47-7404. No liability for good faith delivery pursuant to document of title
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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:
Terms Used In Arizona Laws 47-7404
- Bailee: means a person that by a warehouse receipt, bill of lading or other document of title acknowledges possession of goods and contracts to deliver them. See Arizona Laws 47-7102
- Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Arizona Laws 47-7102
- Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
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.