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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS
Chapter 7:
Section: 12A:7-205: Title under warehouse receipt defeated in certain cases.
12A: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.
L.2013, c.65, s.2.
This section added to the Rutgers Database: 2013-06-22 15:31:26.
Older versions of 12a:7-205 (if available):
Court decisions that cite this statute:
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