Wisconsin Statutes
§ 407.205 — Title under warehouse receipt defeated in certain cases.
Wisconsin § 407.205
JurisdictionWisconsin
Ch. 407Uniform commercial code — documents of title
Subch.subch. II of ch. 407 SUBCHAPTER II
WAREHOUSE RECEIPTS: SPECIAL PROVISIONS
This text of Wisconsin § 407.205 (Title under warehouse receipt defeated in certain cases.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wis. Stat. § 407.205 (2026).
Text
407.205 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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Related
Robert L. Preston v. United States
696 F.2d 528 (Seventh Circuit, 1982)
Legislative History
407.205 History History: 2009 a. 322 .
Nearby Sections
15
§ 407.101
Short title.§ 407.105
Reissuance in alternative medium.§ 407.202
Form of warehouse receipt.§ 407.208
Altered warehouse receipts.§ 407.209
Lien of warehouse.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 407.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/407.205.