Minnesota Statutes
§ 336.2-326 — 336.2-326 SALE ON APPROVAL AND SALE OR RETURN; RIGHTS OF CREDITORS.
Minnesota § 336.2-326
This text of Minnesota § 336.2-326 (336.2-326 SALE ON APPROVAL AND SALE OR RETURN; RIGHTS OF CREDITORS.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 336.2-326 (2026).
Text
(1)Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is
(a)a "sale on approval" if the goods are delivered primarily for use, and
(b)a "sale or return" if the goods are delivered primarily for resale.
(2)Goods held on approval are not subject to the claims of the buyer's creditors until acceptance; goods held on sale or return are subject to such claims while in the buyer's possession.
(3)Any "or return" term of a contract for sale is to be treated as a separate contract for sale within the statute of frauds section of this article (section336.2-201) and as contradicting the sale aspect of the contract within the provisions of this article on parol or extrinsic evidence (section336.2-202).
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Legislative History
1965 c 811 s 336.2-326;1986 c 444;2000 c 399 art 2 s 5
Nearby Sections
15
§ 336.2-101
336.2-101 SHORT TITLE.§ 336.2-105
336.2-105 DEFINITIONS: TRANSFERABILITY; "GOODS"; "FUTURE" GOODS; "LOT"; "COMMERCIAL UNIT."§ 336.2-203
336.2-203 SEALS INOPERATIVE.§ 336.2-204
336.2-204 FORMATION IN GENERAL.§ 336.2-205
336.2-205 FIRM OFFERS.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 336.2-326, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336.2-326.