Arizona § 47-2402 Rights of seller's creditors against sold goods

Arizona Statutes

§ 47-2402 — Rights of seller's creditors against sold goods

Arizona § 47-2402

Title 47Arizona Revised Statutes

Ch. 2SALES

Art. 4Title, Creditors and Good Faith Purchases

This text of Arizona § 47-2402 (Rights of seller's creditors against sold goods) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 47-2402 (2026).

Text

A.Except as provided in subsections B and C of this section, rights of unsecured creditors of the seller with respect to goods which have been identified to a contract for sale are subject to the buyer's rights to recover the goods under this chapter (sections 47-2502 and 47-2716).

B.A creditor of the seller may treat a sale or an identification of goods to a contract for sale as void if as against him a retention of possession by the seller is fraudulent under any rule of law of the state where the goods are situated, except that retention of possession in good faith and current course of trade by a merchant-seller for a commercially reasonable time after a sale of identification is not fraudulent.

C.Nothing in this chapter shall be deemed to impair the rights of creditors of the sel

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A. Except as provided in subsections B and C of this section, rights of unsecured creditors of the seller with respect to goods which have been identified to a contract for sale are subject to the buyer's rights to recover the goods under this chapter (sections 47-2502 and 47-2716).

B. A creditor of the seller may treat a sale or an identification of goods to a contract for sale as void if as against him a retention of possession by the seller is fraudulent under any rule of law of the state where the goods are situated, except that retention of possession in good faith and current course of trade by a merchant-seller for a commercially reasonable time after a sale of identification is not fraudulent.

C. Nothing in this chapter shall be deemed to impair the rights of creditors of the seller:

1. Under the provisions of the chapter on secured transactions (chapter 9 of this title); or

2. Where identification to the contract or delivery is made not in current course of trade but in satisfaction of or as security for a preexisting claim for money, security or the like and is made under circumstances which under any rule of law of the state where the goods are situated would apart from this chapter constitute the transaction a fraudulent transfer or voidable preference.