New York § 2-603 Merchant Buyer's Duties as to Rightfully Rejected Goods

New York Statutes

§ 2-603 — Merchant Buyer's Duties as to Rightfully Rejected Goods

New York § 2-603

Law UCCUniform Commercial Code

Part 6Breach, Repudiation and Excuse

Art. 2Sales

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Bluebook

N.Y. Uniform Commercial Code § 2-603 (2026).

Text

Section 2--603. Merchant Buyer's Duties as to Rightfully Rejected Goods.\n  (1) Subject to any security interest in the buyer (subsection (3) of\nSection 2--711), when the seller has no agent or place of business at\nthe market of rejection a merchant buyer is under a duty after rejection\nof goods in his possession or control to follow any reasonable\ninstructions received from the seller with respect to the goods and in\nthe absence of such instructions to make reasonable efforts to sell them\nfor the seller's account if they are perishable or threaten to decline\nin value speedily. Instructions are not reasonable if on demand\nindemnity for expenses is not forthcoming.\n  (2) When the buyer sells goods under subsection (1), he is entitled to\nreimbursement from the seller or out of the 

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Section 2--603. Merchant Buyer's Duties as to Rightfully Rejected Goods.\n (1) Subject to any security interest in the buyer (subsection (3) of\nSection 2--711), when the seller has no agent or place of business at\nthe market of rejection a merchant buyer is under a duty after rejection\nof goods in his possession or control to follow any reasonable\ninstructions received from the seller with respect to the goods and in\nthe absence of such instructions to make reasonable efforts to sell them\nfor the seller's account if they are perishable or threaten to decline\nin value speedily. Instructions are not reasonable if on demand\nindemnity for expenses is not forthcoming.\n (2) When the buyer sells goods under subsection (1), he is entitled to\nreimbursement from the seller or out of the proceeds for reasonable\nexpenses of caring for and selling them, and if the expenses include no\nselling commission then to such commission as is usual in the trade or\nif there is none to a reasonable sum not exceeding ten per cent on the\ngross proceeds.\n (3) In complying with this section the buyer is held only to good\nfaith and good faith conduct hereunder is neither acceptance nor\nconversion nor the basis of an action for damages.\n