Md. Code Ann., Com. Law § 7-205
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.
Added by Acts 2004, c. 95, § 2, eff. Oct. 1, 2004.