No liability for good-faith delivery pursuant to document of title

810 ILCS 5/7-404, under Warehouse Receipts and Bills of Lading: General Obligations.

810 ILCS 5/7-404

(810 ILCS 5/7-404) (from Ch. 26, par. 7-404)

    Sec. 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 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. (Source: P.A. 95-895, eff. 1-1-09.)