Ind. Code § 26-1-7-205

Current through P.L. 171-2024
Section 26-1-7-205 - Title under warehouse receipt defeated in certain cases

A buyer in the 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.

IC 26-1-7-205

(Formerly: Acts 1963, c.317, s.7-205.) As amended by P.L. 143-2007, SEC.34.