GroundRules
Wis. Stat. § 407.205: Title under warehouse receipt defeated in certain cases.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 407 Uniform Commercial Code — Documents Of Title
- SUBCHAPTER II 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 2026-09-05T12:01:22Z. Source file · JSON