Cal. Com. Code § 7205

Current through the 2023 Legislative Session.
Section 7205 - Title under warehouse receipt defeated in certain cases

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.

Ca. Com. Code § 7205

Added by Stats 2006 ch 254 (SB 1481),s 49, eff. 1/1/2007.