Title 6A
Uniform Commercial Code
Chapter 7
Documents of Title
Part 2
Warehouse Receipts: Special Provisions
R.I. Gen. Laws § 6A-7-205
§ 6A-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.
History of Section.
P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.