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. (1965, c. 700, s. 1; 2006-112, s. 25.)
Sections: Previous 25-7-104 25-7-105 25-7-106 25-7-201 25-7-202 25-7-203 25-7-204 25-7-205 25-7-206 25-7-207 25-7-208 25-7-209 25-7-210 25-7-301 25-7-302 Next
Last modified: March 23, 2014