SECTION 677.205. Title under warehouse receipt defeated in certain cases.

Latest version.

1A 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.-s. 1, ch. 65-254; s. 27, ch. 2010-131.

Note

Note.-s. 7-205, U.C.C.

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