Alaska § 45.07.507 - Warranties on negotiation or delivery of document of title.

Full text of Alaska Alaska Statutes § 45.07.507 — Warranties on negotiation or delivery of document of title., with citation guidance and answers to common questions.

§ 45.07.507. Warranties on negotiation or delivery of document of title.

If a person negotiates or delivers a document of title for value, other than as a mere intermediary under AS 45.07.508 , 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 a 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.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 45.07.507

What does Alaska Statutes § 45.07.507 cover?

Section 45.07.507 ("Warranties on negotiation or delivery of document of title.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Alaska § 45.07.507?

A common citation format is "Alaska Statutes § 45.07.507" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Alaska law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.

How does Alaska § 45.07.507 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.