There is a newer version of the Code of Virginia
2014 Virginia Code
Title 8.7 - Commercial Code - Warehouse Receipts, Bills of Lading and Other Documents of Title
§ 8.7-205. Title under warehouse receipt defeated in certain cases
VA Code § 8.7-205 (2014) What's This?
A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying and selling such goods takes the goods free of any claim under a warehouse receipt even though the receipt is negotiable and has been duly negotiated.
1964, c. 219; 2004, c. 200.
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