Oregon Code § 77.4040·Enacted ·Last updated March 01, 2026
Statute Text
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 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
(2) The person to
which the bailee delivered the goods did not have authority to receive the
goods. [1961 c.726 §77.4040; 2009 c.181 §76]
WAREHOUSE RECEIPTS AND BILLS
OF LADING: NEGOTIATION AND TRANSFER
Plain English Explanation
This Oregon statute addresses No
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 77.4040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses No
. Read the full statute text above for details.
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The formal citation is Oregon Code § 77.4040. Use this format in legal documents and court filings.
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