State Codes and Statutes

Statutes > Connecticut > Title42a > Art007 > Sec42a-7-205

      Sec. 42a-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.

      (1959, P.A. 133, S. 7-205; P.A. 04-64, S. 11.)

      History: P.A. 04-64 amended section to adopt the 2003 Revision of Uniform Commercial Code Article 7-Documents of Title.