336.7-205 MS 2002 [Repealed, 2004 c 162 art 4 s 43] 336.7-205 TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES.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.
History:2004 c 162 art 4 s 11