New Jersey § 12A:9-319 Rights and title of consignee with respect to creditors and purchasers.

New Jersey Statutes

§ 12A:9-319 — Rights and title of consignee with respect to creditors and purchasers.

New Jersey § 12A:9-319

Title 12ACOMMERCIAL TRANSACTIONS

This text of New Jersey § 12A:9-319 (Rights and title of consignee with respect to creditors and purchasers.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 12A:9-319 (2026).

Text

12A:9-319. Rights and Title of Consignee with Respect to Creditors and Purchasers.

(a)Consignee has consignor's rights. Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer.

(b)Applicability of other law. For purposes of determining the rights of a creditor of a consignee, law other than this chapter determines the rights and title of a consignee while goods are in the consignee's possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the cre

Free access — add to your briefcase to read the full text and ask questions with AI

12A:9-319. Rights and Title of Consignee with Respect to Creditors and Purchasers. (a) Consignee has consignor's rights. Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer. (b) Applicability of other law. For purposes of determining the rights of a creditor of a consignee, law other than this chapter determines the rights and title of a consignee while goods are in the consignee's possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor. L.2001, c.117, s.1; amended 2001, c.386, s.35.