(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.
History.—s. 1, ch. 65-254; s. 643, ch. 97-102; s. 51, ch. 2010-131.
Note.—s. 7-507, U.C.C.; supersedes s. 678.46.
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