Colorado § 4-7-207 Goods must be kept separate - fungible goods

Colorado Statutes

§ 4-7-207 — Goods must be kept separate - fungible goods

Colorado § 4-7-207

Title 04Uniform

Art.Documents of Title

This text of Colorado § 4-7-207 (Goods must be kept separate - fungible goods) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 4-7-207 (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.