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12A:7-205 - Title under warehouse receipt defeated in certain cases
12A:7-205. Title under warehouse receipt defeated in certain cases
A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying and selling such goods takes free of any claim under a warehouse receipt even though it has been duly negotiated.
L.1961, c. 120, s. 7-205.
A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying and selling such goods takes free of any claim under a warehouse receipt even though it has been duly negotiated.
L.1961, c. 120, s. 7-205.
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