Idaho Statutes
§ 28-7-205 — TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES
Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 2. WAREHOUSE RECEIPTS — SPECIAL PROVISIONS·Ch. 7 DOCUMENTS OF TITLE
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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Idaho § 28-7-205 (TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Hawkins Co., Ltd.
104 B.R. 317 (D. Idaho, 1989)
Legislative History
[28-7-205, added 2004, ch. 42, sec. 2, p. 84.]
Nearby Sections
15
§ 28-1-101
SHORT TITLES§ 28-1-102
SCOPE OF CHAPTER§ 28-1-104
CONSTRUCTION AGAINST IMPLIED REPEAL§ 28-1-105
SEVERABILITY§ 28-1-106
USE OF SINGULAR AND PLURAL — GENDER§ 28-1-107
SECTION CAPTIONS§ 28-1-201
GENERAL DEFINITIONS§ 28-1-202
NOTICE — KNOWLEDGE§ 28-1-204
VALUE§ 28-1-205
REASONABLE TIME — SEASONABLENESS§ 28-1-206
PRESUMPTIONS