South Carolina § 36-2-502 Buyer's right to goods on seller's insolvency.

South Carolina Statutes

§ 36-2-502 — Buyer's right to goods on seller's insolvency.

South Carolina·Title 36 COMMERCIAL CODE·Ch. 2 COMMERCIAL CODE—SALES

(1)Subject to subsection (2) 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 (SECTION 36-2-501) may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if the seller becomes insolvent within ten days after receipt of the first installment on their price.

(2)If the identification creating his special property has been made by the buyer he acquires the right to recover the goods only if they conform to the contract for sale.

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(1) Subject to subsection (2) 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 (SECTION 36-2-501) may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if the seller becomes insolvent within ten days after receipt of the first installment on their price. (2) If the identification creating his special property has been made by the buyer he acquires the right to recover the goods only if they conform to the contract for sale.

South Carolina § 36-2-502 (Buyer's right to goods on seller's insolvency.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.