Utah Code § 70A-7a-205

Current through the 2024 Fourth Special Session
Section 70A-7a-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.

Utah Code § 70A-7a-205

Enacted by Chapter 42, 2006 General Session.