New York Statutes
§ 7-205 — Title Under Warehouse Receipt Defeated in Certain Cases
New York·Law UCC Uniform Commercial Code·Part 2 Warehouse Receipts: Special Provisions·Art. 7 Documents of Title
Section 7--205. Title Under Warehouse Receipt Defeated in Certain Cases.\n A buyer in ordinary course of business of fungible goods sold and\ndelivered by a warehouse that is also in the business of buying and\nselling such goods takes the goods free of any claim under a warehouse\nreceipt even if the receipt is negotiable and has been duly negotiated.\n
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