Title under warehouse receipt defeated in certain cases.

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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 of Section.
P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.


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