Iowa Code
Iowa Code § 554.7205 (2026)
Title under warehouse receipt defeated in certain cases
✓ current as of July 2026
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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. [C66, 71, 73, 75, 77, 79, 81, §554.7205] 2007 Acts, ch 30, §11, 45, 46 Referred to in §554.7502
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