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A bailee who, in good faith, has received goods and delivered or otherwise disposed of the goods according to the terms of a document of title or under this chapter is not liable for the goods even if the person
(1) from whom the bailee received the goods did not have authority to procure the document or to dispose of the goods; or
(2) to whom the bailee delivered the goods did not have authority to receive the goods.
(a) The state may timely intervene as a party in a superior court action potentially involving a determination of the validity, quantity, use, reservation, or priority of water rights.
(b) The commissioner may accept a remand from a state or federal court of a water rights dispute and may administratively adjudicate the dispute under AS 46.15.165.
(c) The commissioner may enter into arbitration to resolve a water rights dispute.
(d) The commissioner may incorporate and apply as binding upon the parties to an administrative adjudication under AS 46.15.165 any court decree concerning the state hydrologic regime involved in the adjudication.
Cite this article: FindLaw.com - Alaska Statutes Title 45. Trade and Commerce § 45.07.404. No liability for good faith delivery under document of title - last updated April 21, 2021 | https://codes.findlaw.com/ak/title-45-trade-and-commerce/ak-st-sect-45-07-404.html
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