There is a newer version of the Minnesota Statutes
1999 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 336 Uniform Commercial Code
Section 336.7-205 Title under warehouse receipt defeated in certain cases.
336.7-205 Title under warehouse receipt defeated in certain cases.
A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouse operator who is also in the business of buying and selling such goods takes free of any claim under a warehouse receipt even though it has been duly negotiated.
HIST: 1965 c 811 s 336.7-205; 1986 c 444
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