Title under warehouse receipt defeated in certain cases [UCC 7-205] 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.
Title under warehouse receipt defeated in certain cases - UCC 7-205
Ohio Rev. Code Ann. § 1307.205, under Chapter 1307 | Documents Of Title.
Ohio Rev. Code Ann. § 1307.205