Maryland Statutes

§ 2-502

Maryland·Article gcl Commercial Law·Title 2
(1)Subject to subsections (2) and (3) and even though the goods have not been shipped a buyer who has paid a part or all of the price of goods in which he has a special property under the provisions of the immediately preceding section may on making and keeping good a tender of any unpaid portions of their price recover them from the seller if:
(a)In the case of goods bought for personal, family, or household purposes, the seller repudiates or fails to deliver as required by the contract; or
(b)In all cases, the seller becomes insolvent within ten days after a receipt of the first installment on their price.
(2)The buyer’s right to recover the goods under subsection (1)(a) vests upon acquisition of a special property, even if the seller had not then r

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Nearby Sections

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§ 2-101
§ 2-101
§ 2-102
§ 2-102
§ 2-103
§ 2-103
§ 2-104
§ 2-104
§ 2-105
§ 2-105
§ 2-106
§ 2-106
§ 2-107
§ 2-107
§ 2-201
§ 2-201
§ 2-202
§ 2-202
§ 2-203
§ 2-203
§ 2-204
§ 2-204
§ 2-205
§ 2-205
§ 2-206
§ 2-206
§ 2-207
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§ 2-209
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