New Mexico Statutes
§ 55-7-205 — Title under warehouse receipt defeated in certain cases
New Mexico § 55-7-205
This text of New Mexico § 55-7-205 (Title under warehouse receipt defeated in certain cases) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 55-7-205 (2026).
Text
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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Legislative History
1953 Comp., § 50A-7-205, enacted by Laws 1961, ch. 96, § 7-205; 2005, ch.
Nearby Sections
15
§ 55-1-101
Short titles§ 55-1-102
Scope of article§ 55-1-104
Construction against implicit repeal§ 55-1-105
Severability§ 55-1-106
Use of singular and plural; gender§ 55-1-107
Section captions§ 55-1-109
Repealed§ 55-1-110
Repealed§ 55-1-201
General definitions§ 55-1-202
Notice; knowledge§ 55-1-204
Value§ 55-1-205
Reasonable time; seasonablenessCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 55-7-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-7-205.