{"data":{"id":"us-wi/wis.-stat.-407.205","jurisdiction":"us-wi","citation":"Wis. Stat. § 407.205","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.","path":["Chs. 401-411, Uniform Commercial Code","Chapter 407 Uniform Commercial Code — Documents Of Title","SUBCHAPTER II WAREHOUSE RECEIPTS: SPECIAL PROVISIONS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/407.205","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"5d69d980a40f6b97b08117c8d5e0b892793bfec32715a24195c1bd134ba2ee6e","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-407.204","next":"us-wi/wis.-stat.-407.206"},"notice":"GroundRules: Original legal text. Not legal advice."}