Section 6A-7-205 Title under warehouse receipt defeated in certain cases.

RI Gen L § 6A-7-205 (2019) (N/A)
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§ 6A-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 of Section. (P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.)