Title under warehouse receipt defeated in certain cases
KRS 355.7-205
in effect355.7-205. 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.
Effective: July 12, 2012
History: Repealed and reenacted 2012 Ky. Acts ch. 132, sec. 11, effective July 12, 2012. -- Created 1958 Ky. Acts ch. 77, sec. 7-205, effective July 1, 1960.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40612Fetched: 10/20/2026
