Michigan Compiled Laws

Mich. Comp. Laws § 440.7404 (2026)

Bailee's delivery in good faith according to document of title.

✓ current as of July 2026

Find cases: SyfertCases citing this section MI-LEGlegislature.mi.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

UNIFORM COMMERCIAL CODE

Act 174 of 1962

440.7404 Bailee's delivery in good faith according to document of title.

Sec. 7404.

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 article is not liable for the goods even if any of the following apply:

(a) The person from which the bailee received the goods did not have authority to procure the document or to dispose of the goods.

(b) The person to which the bailee delivered the goods did not have authority to receive the goods.

History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2012, Act 87, Eff. July 1, 2013

Notes of Decisions

Cited in 3 cases (1 in the last 5 years), 1987–2022 · leading case: Michigan Nat'l Bank v. Michigan Livestock Exch., 439 N.W.2d 884 (Mich. 1989).

Sort: Relevance Newest Treatment

Michigan Nat'l Bank v. Michigan Livestock Exch., 439 N.W.2d 884 (Mich. 1989). · cites it 2× “NOTES [1] MCL 440.7404; MSA 19.7404. [2] MCL 440.9307; MSA 19.”

Michigan Nat'l Bank v. Michigan Livestock Exch., 418 N.W.2d 663 (Mich. Ct. App. 1987). · cites it 2× “The court found that MCL 440.7404; MSA 19.7404, the statute under which the exchange claimed it was immunized from liability for conversion, did not apply.”

Evangelista v. Silver (Bankr. E.D. Mich. 2022). · cites it 5× “§ 440.7404, titled “Bailee’s delivery in good faith pursuant to document of title.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.