{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.7-507.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.7-507.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.7-507.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.7-507.html"}],"law_id":73201,"edition_id":1,"section_id":73201,"structure_id":15835,"section_number":"8.7-507","catch_line":"Warranties on negotiation or delivery of receipt or bill","history":"Code 1950, \u00a7 61-47; 1964, c. 219; 2004, c. 200.","full_text":"Where a person negotiates or delivers a document for value otherwise than as a mere intermediary under \u00a7 8.7-508, then, unless otherwise agreed, he warrants to his immediate purchaser, in addition to any warranty made in selling or leasing the goods, that:\n\na\n\nthe document is genuine; andb\n\nhe has no knowledge of any fact that would impair the document’s validity or worth; andc\n\nhis negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.","order_by":null,"text":{"0":{"id":263519,"text":"Where a person negotiates or delivers a document for value otherwise than as a mere intermediary under \u00a7 8.7-508, then, unless otherwise agreed, he warrants to his immediate purchaser, in addition to any warranty made in selling or leasing the goods, that:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"a"},"1":{"id":263520,"text":"the document is genuine; and","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"prior_prefix":"","next_prefix":"b"},"2":{"id":263521,"text":"he has no knowledge of any fact that would impair the document’s validity or worth; and","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a","next_prefix":"c"},"3":{"id":263522,"text":"his negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b"}},"ancestry":[{"id":15835,"edition_id":1,"name":"Warehouse Receipts and Bills of Lading: Negotiation and Transfer","identifier":"5","label":"part","depth":2,"order_by":1,"parent_id":13810,"metadata":{},"date_created":"2026-06-26 04:00:18","date_modified":"2026-06-26 04:00:18","permalink":{"id":283559,"object_type":"structure","relational_id":15835,"identifier":"5","token":"8.7\/5","url":"\/8.7\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13810,"edition_id":1,"name":"Commercial Code \u2014 Warehouse Receipts, Bills of Lading and Other Documents of Title","identifier":"8.7","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:45:56","date_modified":"2026-06-26 03:45:56","permalink":{"id":283429,"object_type":"structure","relational_id":13810,"identifier":"8.7","token":"8.7","url":"\/8.7\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83251,"structure_id":15835,"section_number":"8.7-501","catch_line":"Form of negotiation and requirements of \"due negotiation\"","url":"\/8.7-501\/","token":"8.7\/5\/8.7-501","metadata":false},{"id":86028,"structure_id":15835,"section_number":"8.7-502","catch_line":"Rights acquired by due negotiation","url":"\/8.7-502\/","token":"8.7\/5\/8.7-502","metadata":false},{"id":61107,"structure_id":15835,"section_number":"8.7-503","catch_line":"Document to goods defeated in certain cases","url":"\/8.7-503\/","token":"8.7\/5\/8.7-503","metadata":false},{"id":83770,"structure_id":15835,"section_number":"8.7-504","catch_line":"Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery","url":"\/8.7-504\/","token":"8.7\/5\/8.7-504","metadata":false},{"id":67496,"structure_id":15835,"section_number":"8.7-505","catch_line":"Endorser not a guarantor for other parties","url":"\/8.7-505\/","token":"8.7\/5\/8.7-505","metadata":false},{"id":85687,"structure_id":15835,"section_number":"8.7-506","catch_line":"Delivery without endorsement; right to compel endorsement","url":"\/8.7-506\/","token":"8.7\/5\/8.7-506","metadata":false},{"id":73201,"structure_id":15835,"section_number":"8.7-507","catch_line":"Warranties on negotiation or delivery of receipt or bill","url":"\/8.7-507\/","token":"8.7\/5\/8.7-507","metadata":false},{"id":82645,"structure_id":15835,"section_number":"8.7-508","catch_line":"Warranties of collecting bank as to documents","url":"\/8.7-508\/","token":"8.7\/5\/8.7-508","metadata":false},{"id":72052,"structure_id":15835,"section_number":"8.7-509","catch_line":"Receipt or bill; when adequate compliance with commercial contract","url":"\/8.7-509\/","token":"8.7\/5\/8.7-509","metadata":false}],"previous_section":{"id":85687,"structure_id":15835,"section_number":"8.7-506","catch_line":"Delivery without endorsement; right to compel endorsement","url":"\/8.7-506\/","token":"8.7\/5\/8.7-506","metadata":false},"next_section":{"id":82645,"structure_id":15835,"section_number":"8.7-508","catch_line":"Warranties of collecting bank as to documents","url":"\/8.7-508\/","token":"8.7\/5\/8.7-508","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.7-507\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1964, chapter 219; in 2004, chapter 200<\/a>.<\/p>","references":false,"refers_to":[{"id":82645,"section_number":"8.7-508","catch_line":"Warranties of collecting bank as to documents","order_by":null,"url":"\/8.7-508\/"}],"permalink":{"id":283585,"object_type":"law","relational_id":73201,"identifier":"8.7-507","token":"8.7\/5\/8.7-507","url":"\/8.7-507\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.7-507\/","token":"8.7\/5\/8.7-507","dublin_core":{"Title":"Warranties on negotiation or delivery of receipt or bill","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.7-507","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Where a person negotiates or delivers a document for value otherwise than as a mere intermediary under \u00a7 8.7-508<\/a>, then, unless otherwise agreed, he warrants to his immediate purchaser, in addition to any warranty made in selling or leasing the goods, that:<\/p><\/section>\n\t\t\t\t\t\t

a.<\/span> the document is genuine; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> he has no knowledge of any fact<\/span> that would impair the document’s validity or worth; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> his negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nWARRANTIES ON NEGOTIATION OR DELIVERY OF RECEIPT OR BILL (\u00a7 8.7-507)\n\nWhere a person negotiates or delivers a document for value otherwise than as a\nmere intermediary under \u00a7 8.7-508, then, unless otherwise agreed, he warrants\nto his immediate purchaser, in addition to any warranty made in selling or\nleasing the goods, that:\n\na. the document is genuine; and\n\nb. he has no knowledge of any fact that would impair the document’s\nvalidity or worth; and\n\nc. his negotiation or delivery is rightful and fully effective with respect to\nthe title to the document and the goods it represents.\n\nHISTORY: Code 1950, \u00a7 61-47; 1964, c. 219; 2004, c. 200.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}