{"data":{"id":"us-nc/n.c.-gen.-stat.-25-7-205","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-7-205","heading":"Title under warehouse receipt defeated in certain cases.","body":"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. (1965, c. 700, s. 1; 2006-112, s. 25.)","path":["Chapter 25. Uniform Commercial Code.","Article 7. Documents of Title.","Part 2. Warehouse Receipts: Special Provisions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-7-205.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"d4c2f1a851f8e24ae61da245d30c8e12a8dc291dcfb59486656e2b2c2b8e5df6","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-7-204","next":"us-nc/n.c.-gen.-stat.-25-7-206"},"notice":"GroundRules: Original legal text. Not legal advice."}