N.C. Gen. Stat. § 25-7-205

Current through Session Law 2024-11

Section 25-7-205 - 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.

N.C. Gen. Stat. § 25-7-205

Amended by 2006 N.C. Sess. Laws 112,s. 25, eff. 10/1/2006.

1965, c. 700, s. 1.