TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 7
DOCUMENTS OF TITLE

Part 2
Warehouse Receipts: Special Provisions

Section 382-A:7-205

382-A: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.

Source. 2006, 169:17, eff. Jan. 1, 2007.

TITLE XXXIV-AUNIFORM COMMERCIAL CODE

CHAPTER 382-AUNIFORM COMMERCIAL CODE

ARTICLE 7DOCUMENTS OF TITLE

Part 2Warehouse Receipts: Special Provisions

Section 382-A:7-205

TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 7
DOCUMENTS OF TITLE

Part 2
Warehouse Receipts: Special Provisions