Code of Virginia § 8.7-205. Title under warehouse receipt defeated in certain cases.
58 words·~1 min read·
/va/title-8-7/chapter-2/8-7-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying and selling such goods takes the goods free of any claim under a warehouse receipt even though the receipt is negotiable and has been duly negotiated.
1964, c. 219; 2004, c. 200 .