Colorado § 4-7-404 - No liability for good-faith delivery pursuant to document of title.
Full text of Colorado Colorado Revised Statutes § 4-7-404 — No liability for good-faith delivery pursuant to document of title., with citation guidance and answers to common questions.
§ 4-7-404. 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.
Source: L. 2006: Entire article R&RE, p. 484, § 2, effective September 1.
Editor's note: This section is similar to former § 4-7-404 as it existed prior to 2006.
ANNOTATION
Law reviews. For article, "Buyer-Secured Party Conflicts Under Section 9-307(1) of the Uniform Commercial Code", see 46 U. Colo. L. Rev. 333 (1974-75).
PART 5
WAREHOUSE RECEIPTS AND BILLS OF LADING - NEGOTIATION AND TRANSFER
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-7-404
What does Colorado Revised Statutes § 4-7-404 cover?
Section 4-7-404 ("No liability for good-faith delivery pursuant to document of title.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. 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 Colorado § 4-7-404?
A common citation format is "Colorado Revised Statutes § 4-7-404" (Colorado). 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 Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 4-7-404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado 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 Colorado.