Section 336.7-205 — Title Under Warehouse Receipt Defeated In Certain Cases.

MN Stat § 336.7-205 (2019) (N/A)
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336.7-205 MS 2002 [Repealed, 2004 c 162 art 4 s 43] 336.7-205 TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES.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.

History: 2004 c 162 art 4 s 11