"Person in the position of a seller".

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Effective - 28 Aug 1963

400.2-707. "Person in the position of a seller". — (1) A "person in the position of a seller" includes as against a principal an agent who has paid or become responsible for the price of goods on behalf of his principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.

(2) A person in the position of a seller may as provided in this article withhold or stop delivery (section 400.2-705) and resell (section 400.2-706) and recover incidental damages (section 400.2-710).

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(L. 1963 p. 503 § 2-707)


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