Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 2-707 — "Person in the Position of a Seller"
N.Y. U.C.C. Law § 2-707
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 2--707. "Person in the Position of a Seller".
Citator
N.Y. U.C.C. Law § 2-707 — "Person in the Position of a Seller" is in force in the current edition of the Code, and nothing recorded condemns it.
Section 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 2--705) and resell (Section 2--706) and recover incidental damages (Section 2--710).