California § 7207. 7207. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)

California Statutes

§ 7207. — 7207. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)

California § 7207.

Code COMCommercial Code - COM

Div. 7.DIVISION 7. DOCUMENTS OF TITLE

Ch. 2.CHAPTER 2. Warehouse Receipts: Special Provisions

This text of California § 7207. (7207. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Commercial Code - COM Code § 7207. (2026).

Text

(a)Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled.

(b)If different lots of fungible goods are commingled, the goods are owned in common by the persons entitled thereto and the warehouse is severally liable to each owner for that owner’s share. If, because of overissue, a mass of fungible goods is insufficient to meet all the receipts the warehouse has issued against it, the persons entitled include all holders to which overissued receipts have been duly negotiated.

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(a)
Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled.
(b)
If different lots of fungible goods are commingled, the goods are owned in common by the persons entitled thereto and the warehouse is severally liable to each owner for that owner’s share. If, because of overissue, a mass of fungible goods is insufficient to meet all the receipts the warehouse has issued against it, the persons entitled include all holders to which overissued receipts have been duly negotiated.

Legislative History

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

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California § 7207., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/7207..