Ky. Rev. Stat. § 355.7-205

Current through Acts Received April 24, 2024
Section 355.7-205 - 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.

KRS 355.7-205

Repealed and reenacted by 2012 Ky. Acts ch. 132,§ 11, eff. 7/11/2012.
Created 1958 Ky. Acts ch. 77, sec. 7-205, effective 7/1/1960.