Montana Statutes
§ 30-7-205 — Title Under Warehouse Receipt Defeated In Certain Cases
Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 2 Warehouse Receipts -- Special Provisions
30-7-205 . Title under warehouse receipt defeated in certain cases. A buyer in the 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 free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.
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Montana § 30-7-205 (Title Under Warehouse Receipt Defeated In Certain Cases) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 7-205, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-205; amd. Sec. 44, Ch. 575, L. 2005.
Nearby Sections
15
§ 30-7-101
Short Title§ 30-7-102
Definitions And Index Of Definitions§ 30-7-103
Relation Of Chapter To Treaty Or Statute§ 30-7-105
Repealed§ 30-7-106
Reissuance In Alternative Medium§ 30-7-107
Control Of Electronic Document Of Title§ 30-7-202
Form Of Warehouse Receipt§ 30-7-208
Altered Warehouse Receipts