There is a newer version of the Rhode Island General Laws
2009 Rhode Island Code
Title 6A - Uniform Commercial Code
CHAPTER 6A-7 - Documents of Title
§ 6A-7-205 - Title under warehouse receipt defeated in certain cases.
SECTION 6A-7-205
§ 6A-7-205 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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