Fungible goods; buyer's title.

Mich. Comp. Laws § 440.7205, under UNIFORM COMMERCIAL CODE.

Mich. Comp. Laws § 440.7205

Sec. 7205. A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouse that is also in the business of buying and selling those goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.