GroundRules
30-7-205: Title under warehouse receipt defeated in certain cases.
Where this section sits in the code
- TITLE 30. TRADE AND COMMERCE
- CHAPTER 7. UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE
- Part 2. Warehouse Receipts -- Special Provisions
A buyer in the 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 free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.
Collected 2026-09-14T04:51:00Z. Source file · JSON