If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Code Section 11-7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:(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.Amended by 2010 Ga. Laws 470,§ 1-1, eff. 5/27/2010.
Georgia Legal Code