Tex. Bus. & Com. Code § 7.205 · Subchapter B. WAREHOUSE RECEIPTS: SPECIAL PROVISIONS
TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Amended by:
Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.7.htm
- Text hash
- sha256 5d69d980a40f6b97b08117c8d5e0b892793bfec32715a24195c1bd134ba2ee6e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Bus. & Com. Code § 7.205. Each shows the citation as that text prints it.
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.