Mo. Rev. Stat. § 400.7-507
Warranties on negotiation or transfer of receipt or bill
Missouri · Revised Statutes of Missouri Chapter 400 — Uniform Commercial Code · Status: effective · Effective 2017-08-28
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- Citation
- Mo. Rev. Stat. § 400.7-507, Warranties on negotiation or transfer of receipt or bill, Missouri, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1815160
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Full text
If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under section 400.7-508, 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 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.