6 Del. C. § 7-508
This is the official text of 6 Del. C. § 7-508, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 7-508. Warranties of collecting bank as to documents of title.
Official statutory text
A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.
Status: in_force · Read it on the official government site
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