Plain Text Law

§ 7–205

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 7-205 (2026)
Title 7. Documents of Title
Subtitle 2. Warehouse Receipts; Special Provisions

§ 7–205Copy Citation

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.