Mass. Gen. Laws ch. 106 § 7-205

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 106:7-205 - 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 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.

Mass. Gen. Laws ch. 106, § 7-205

Amended by Acts 2013, c. 30,§ 45, eff. 7/1/2013.