WVC 46 - 7 - 508
§46-7-508. Warranties of collecting bank as to documents of title.
A collecting bank or other intermediary known to be entrusted
with documents of title on behalf of another or with collection of
a draft or other claim against delivery of documents warrants by
the delivery of the documents only its own good faith and
authority, even if the collecting bank or other intermediary has
purchased or made advances against the claim or draft to be