Unless a third person contracts for or receives goods on deposit or pledge without knowledge that a consignee is not authorized to sell, deposit, or pledge the goods, a claim or demand of setoff of a debt due by the consignee is not allowed against his principal in favor of the third person.

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.

Formerly Art. 2, § 8.