A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouse that also is 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
S.C. Code Ann. § 36-7-205, under Title 36, Chapter 7.
S.C. Code Ann. § 36-7-205