Tex. Business & Commerce Code § 7.507
WARRANTIES ON NEGOTIATION OR DELIVERY OF DOCUMENT OF TITLE
Texas · Texas Business & Commerce Code · Status: effective
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- Citation
- Tex. Business & Commerce Code § 7.507, WARRANTIES ON NEGOTIATION OR DELIVERY OF DOCUMENT OF TITLE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630158
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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 7.508, unless otherwise agreed, the transferor warrants to its immediate purchaser only in addition to any warranty made in selling or leasing the goods 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.