GroundRules
Ala. Code § 7-7-205: Title Under Warehouse Receipt Defeated in Certain Cases.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 7 Warehouse Receipts, Bills of Lading and Other Documents of Title.
- Part 2 Warehouse Receipts: Special Provisions.
A buyer in ordinary course of business of fungible goods sold and delivered by a warehouse that is also in the business of buying and selling such goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.
Collected 2026-09-03T14:01:52Z. Source file · JSON