Garden City Production Credit Assn. v. Lannan

Plaintiff relies on the provisions of section 9-307(1) *677of the Uniform Commercial Code. The unwarranted discrimination against purchasers of farm products contained in this section has been severely criticized, has been restricted in some jurisdictions by statute, and its demise is now contemplated. See, 26 The Business Lawyer, p. 314 (No. 2, Nov., 1970); Bender’s Uniform Commercial Code Service, § 9-307, p. 1-751. All other buyers in the “ordinary course of business” take free of a security interest created by the seller. One who extends credit necessarily does so on a basis of trust in the…