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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)
Vermont Legal Code