Iowa § 554.2707 “Person in the position of a seller”

Iowa Statutes

§ 554.2707 — “Person in the position of a seller”

Iowa § 554.2707

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.2707 (“Person in the position of a seller”) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 554.2707 (2026).

Text

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 the agent’s 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 554.2705) and resell (section 554.2706) and recover incidental damages (section 554.2710).

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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 the agent’s 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 554.2705) and resell (section 554.2706) and recover incidental damages
(section 554.2710).