Title under warehouse receipt defeated in certain cases

09A V.S.A. ch. 007, § 205, under Chapter 007: Article 007: Documents of Title.

09A V.S.A. ch. 007, § 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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)