California Statutes
§ 7205. — 7205. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)
California·Code COM Commercial Code - COM·Div. 7. DIVISION 7. DOCUMENTS OF TITLE·Ch. 2. CHAPTER 2. Warehouse Receipts: Special Provisions
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.
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California § 7205. (7205. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.