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Home » US Law » 2022 Maryland Statutes » Commercial Law » Title 7 - Documents of Title » Subtitle 2 - Warehouse Receipts; Special Provisions » Section 7-205 – 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.