- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 7. Warehouse Receipts, Bills of Lading, and Other Documents of Title
- Section 205. Title Under Warehouse Receipt Defeated in Certain Cases.
previous: Section 204
. Duty of Care; Contractual Limitation of Warehouseman's Liability.
next: Section 206
. Termination of Storage at Warehouseman's Option.
AS 45.07.205. Title Under Warehouse Receipt Defeated in Certain Cases.
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 the goods takes free of a claim under a warehouse receipt even though it has been duly
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