§12A-7-207.

§12A-7-207.
   
   (1) Unless the warehouse receipt otherwise provides, a warehouseman
   must keep separate the goods covered by each receipt so as to permit
   at all times identification and delivery of those goods except that
   different lost of fungible goods may be commingled.
   
   (2) Fungible goods so commingled are owned in common by the persons
   entitled thereto and the warehouseman is severally liable to each
   owner for that owner's share. Where because of overissue a mass of
   fungible goods is insufficient to meet all the receipts which the
   warehouseman has issued against it, the persons entitled include all
   holders to whom overissued receipts have been duly negotiated.