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2016 Statute



Prev Article 7. - WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLENext


84-7-205.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.

History: L. 2007, ch. 90, § 11; July 1, 2008.

Revisor's Note:

Former section 84-7-205 repealed by L. 2007, ch. 90, § 78 and the number reassigned to the current text.



Prev Article 7. - WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLENext