§ 7-205. Title Under Warehouse Receipt Defeated in Certain Cases
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 7-205
§ 7-205. Title Under Warehouse Receipt Defeated in Certain Cases
Title Under Warehouse Receipt Defeated in Certain Cases.
A buyer in the 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.
Credits
Laws 1961, p. 142, § 7-205; Laws 2005, c. 140, § 10, eff. Jan. 1, 2006.
12A Okl. St. Ann. § 7-205, OK ST T. 12A § 7-205
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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