Vermont § 507 - § 7—507.
Full text of Vermont Vermont Statutes Online § 507 — § 7—507., with citation guidance and answers to common questions.
§ 507. § 7—507.
- Warranties on negotiation or delivery of document of title If a person negotiates or delivers a document of title for value, otherwise than as
a mere intermediary under section 7—508 of this title, 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 any 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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)
Frequently Asked Questions About Vermont § 507
What does Vermont Statutes Online § 507 cover?
Section 507 ("§ 7—507.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 507?
A common citation format is "Vermont Statutes Online § 507" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 507 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.