Indiana § 26-1-2-707 "Person in the position of a seller"

Indiana Statutes

§ 26-1-2-707 — "Person in the position of a seller"

Indiana § 26-1-2-707

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 2Sales

This text of Indiana § 26-1-2-707 ("Person in the position of a seller") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-2-707 (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 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 IC 26-1-2 withhold or stop delivery (IC 26-1-2-705) and resell (IC 26-1-2-706) and recover incidental damages (IC 26-1-2-710). Formerly: Acts 1963, c.317, s.2-707. As amended by P.L.152-1986, SEC.166.

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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 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 IC 26-1-2
withhold or stop delivery (IC 26-1-2-705) and resell (IC 26-1-2-706)
and recover incidental damages (IC 26-1-2-710).
Formerly: Acts 1963, c.317, s.2-707. As amended by
P.L.152-1986, SEC.166.