13
In forceEffect of transfer of documents, or vendor's lien, or right of stoppage in transitu
13 Effect of transfer of documents, or vendor's lien, or right of stoppage in transitu
Where 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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