State Codes and Statutes

Statutes > Alaska > Title-45 > Chapter-45-07 > Article-02 > Sec-45-07-205

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 those goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.

State Codes and Statutes

Statutes > Alaska > Title-45 > Chapter-45-07 > Article-02 > Sec-45-07-205

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 those goods takes the goods free of any claim under a warehouse receipt even if the receipt is negotiable and has been duly negotiated.