Section 7-205 - Title Under Warehouse Receipt Defeated in Certain Cases

MA Gen L ch 7 § 7-205 (2019) (N/A)
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Section 7-205. 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 such goods, takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.