407.205 Title under warehouse receipt defeated in certain cases.
407.205
407.205 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.407.205 - ANNOT.
History: 2009 a. 322.