Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 2-304 — Price Payable in Money, Goods, Realty, or Otherwise

N.Y. U.C.C. Law § 2-304

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

Section 2--304. Price Payable in Money, Goods, Realty, or Otherwise.

Citator

N.Y. U.C.C. Law § 2-304 — Price Payable in Money, Goods, Realty, or Otherwise is in force in the current edition of the Code, and nothing recorded condemns it.

Section 2--304. Price Payable in Money, Goods, Realty, or Otherwise.

(1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer.

(2) Even though all or part of the price is payable in an interest in realty the transfer of the goods and the seller's obligations with reference to them are subject to this Article, but not the transfer of the interest in realty or the transferor's obligations in connection therewith.