§ 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.Section: Previous 7201 7202 7203 7204 7205 7206 7207 7208 7209 7210 Next
Last modified: October 8, 2016