Md. Code, Com. § 7-205

Current with changes from the 2024 Legislative Session

Section 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.

Md. Code, CL § 7-205