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California Commercial Code

§ 7205

COM § 7205 Effective Jan 1, 2007Div. 7 · Ch. 2

Statute text

View on leginfo.ca.gov
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.

Legislative history

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

Source: California Commercial Code § 7205 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.