7205 - Title under warehouse receipt defeated in certain cases. - Pennsylvania Statutes

§ 7205. Title under warehouse receipt defeated in certain cases. 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. Cross References. Section 7205 is referred to in section 7502 of this title.