New York Statutes
§ 2-402 — Rights of Seller's Creditors Against Sold Goods
New York·Law UCC Uniform Commercial Code·Part 4 Title, Creditors and Good Faith Purchasers·Art. 2 Sales
Section 2--402. Rights of Seller's Creditors Against Sold Goods.\n (1) Except as provided in subsections (2) and (3), rights of unsecured\ncreditors of the seller with respect to goods which have been identified\nto a contract for sale are subject to the buyer's rights to recover the\ngoods under this Article (Sections 2--502 and 2--716).\n (2) A creditor of the seller may treat a sale or an identification of\ngoods to a contract for sale as void if as against him a retention of\npossession by the seller as fraudulent under any rule of law of the\nstate where the goods are situated, except that retention of possession\nin good faith and current course of trade by a merchant-seller for a\ncommercially reasonable time after a sale or identification is not\nfraudulent.\n (3) Nothing in thi
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Nearby Sections
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§ 2-101
Short Title§ 2-106
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