N.Y. Uniform Commercial Code Law Section 7-205
Title Under Warehouse Receipt Defeated in Certain Cases

Section 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: Section 7-205 — Title Under Warehouse Receipt Defeated in Certain Cases, https://www.­nysenate.­gov/legislation/laws/UCC/7-205 (updated Dec. 26, 2014; accessed Apr. 13, 2024).

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Accessed:
Apr. 13, 2024

Last modified:
Dec. 26, 2014

§ 7-205’s source at nysenate​.gov

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