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.
Section: Previous 11-7-201 11-7-202 11-7-203 11-7-204 11-7-205 11-7-206 11-7-207 11-7-208 11-7-209 11-7-210 NextLast modified: October 14, 2016