CC 520
76 words·~1 min read·
/la/520A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 520
Art. 520. Transfer of ownership by merchant
Except as otherwise provided by legislation, a transferee in good faith and for fair value acquires ownership of a corporeal movable from a transferor who is not the owner only if the transferor has possession of the thing with consent of the owner, is a merchant customarily selling similar things, and transfers the thing in the regular course of the transferor's business.
Acts 2023, No. 401, §1.