Title 70A - Uniform Commercial Code - Chapter 7a - Uniform Commercial Code - Documents of Title - Part 5 - Warehouse Receipts and Bills of Lading - Negotiation and Transfer - Section 507 - Warranties on negotiation or delivery of document of title.

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Utah Code

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70A-7a-507 Warranties on negotiation or delivery of document of title. If a person negotiates or delivers a document of title for value, otherwise than as a mere

intermediary under Section 70A-7a-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.

Enacted by Chapter 42, 2006 General Session