§ 25-7-205. Title under warehouse receipt defeated in certain cases. - North Carolina Statutes

§ 25‑7‑205.  Titleunder warehouse receipt defeated in certain cases.

A buyer in ordinary course ofbusiness of fungible goods sold and delivered by a warehouse that is also inthe business of buying and selling such goods takes the goods free of any claimunder a warehouse receipt even if the receipt is negotiable and has been dulynegotiated. (1965,c. 700, s. 1; 2006‑112, s. 25.)