25-7-404. 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 Article is not liable for the goods even if:
(1) The person from whom the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
(2) The person to whom the bailee delivered the goods did not have authority to receive the goods.
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