11
In forceEffect of transfer of documents on vendor’s lien or right of stoppage in transitu
Part 3Dispositions by sellers and buyers of goods
11 Effect of transfer of documents on vendor’s lien or right of stoppage in transitu
When a document of title to goods has been lawfully transferred to a person as a buyer or owner of the goods, and that person transfers the document to a person who takes the document in good faith and for valuable consideration, the last mentioned transfer shall have the same effect for defeating any vendor’s lien or right of stoppage in transitu as the transfer of a bill of lading has for defeating the right of stoppage in transitu.
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