N.J. Stat. § 12A:7-205
Current through L. 2023, c. 200.
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.J.S. § 12A:7-205