Indiana § 26-1-7-404 - No liability for good faith delivery upon receipt or bill

Full text of Indiana Indiana Code § 26-1-7-404 — No liability for good faith delivery upon receipt or bill, with citation guidance and answers to common questions.

§ 26-1-7-404. No liability for good faith delivery upon receipt or bill

Sec. 404. 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 chapter 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.

Formerly: Acts 1963, c.317, s.7-404. As amended by P.L.152-1986, SEC.256; P.L.143-2007, SEC.51.

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

Frequently Asked Questions About Indiana § 26-1-7-404

What does Indiana Code § 26-1-7-404 cover?

Section 26-1-7-404 ("No liability for good faith delivery upon receipt or bill") is part of the Indiana Code, the codified statutory law of Indiana. 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 Indiana § 26-1-7-404?

A common citation format is "Indiana Code § 26-1-7-404" (Indiana). 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 Indiana law?

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

How does Indiana § 26-1-7-404 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana 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 Indiana.