Statute · California Commercial Code
Cal. Com. Code § 7205 — Warehouse Receipts: Special Provisions
Cal. Com. Code § 7205
- Type
- Statute
- Source
- California Commercial Code
- Jurisdiction
- California
- Date
- 2007-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Com. Code § 7205 — Warehouse Receipts: Special Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
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.