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2019 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1307 - DOCUMENTS OF TITLE
Section 1307.205 - Title under warehouse receipt defeated in certain cases - UCC 7-205.
Universal Citation: Ohio Rev Code § 1307.205 (2019)
Part 2. Warehouse Receipts: Special Provisions
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.
Renumbered from § 1307.10 and amended by 129th General AssemblyFile No.9, HB 9, §1, eff. 6/29/2011.
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