Com. Code, § 7205 · Chapter 2. Warehouse Receipts: Special Provisions

Com. Code, § 7205

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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.

Notes and commentary — not statutory text

History

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM&sectionNum=7205.
Text hash: sha256 5d69d980a40f6b97b08117c8d5e0b892793bfec32715a24195c1bd134ba2ee6e
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Com. Code, § 7205. Each shows the citation as that text prints it.

Commercial Code

Com. Code, § 7502Printed as Sections 7205 and 7503

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.