North Dakota Statutes

§ 41-07-11 — (7-205) Title under warehouse receipt defeated in certain cases

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-07 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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North Dakota § 41-07-11 ((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 Jamestown Farmers Elevator, Inc.
49 B.R. 661 (D. North Dakota, 1985)
2 case citations

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