Michigan § 440.7507 - Documents of title; warranties on negotiation or delivery for value.
Full text of Michigan Michigan Compiled Laws § 440.7507 — Documents of title; warranties on negotiation or delivery for value., with citation guidance and answers to common questions.
§ 440.7507. Documents of title; warranties on negotiation or delivery for value.
If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under section 7508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only the following:
(a) That the document is genuine.
(b) That the transferor does not have knowledge of any fact that would impair the document's validity or worth.
(c) That the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.7507
What does Michigan Compiled Laws § 440.7507 cover?
Section 440.7507 ("Documents of title; warranties on negotiation or delivery for value.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. 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 Michigan § 440.7507?
A common citation format is "Michigan Compiled Laws § 440.7507" (Michigan). 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 Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 440.7507 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan 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 Michigan.