GroundRules
Ark. Code Ann. § 4-7-205: Title under warehouse receipt defeated in certain cases.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 7 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 2026-09-17T21:07:03Z. Source file · JSON