Title under warehouse receipt defeated in certain cases.

6 Del. C. § 7-205., under Article 7. Documents of Title.

6 Del. C. § 7-205.

§ 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.5A Del. C. 1953, §§ 7-205; 55 Del. Laws, c. 349; 74 Del. Laws, c. 332, § 39;