2013 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-7205 Title under warehouse receipt defeated in certain cases


AZ Rev Stat § 47-7205 (through 1st Reg Sess 51st Leg. 2013) What's This?

47-7205. 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.

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