§ 34.1-9-319 — Rights and title of consignee with respect to creditors and purchasers

Wyoming § 34.1-9-319

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 9: SECURED TRANSACTIONS

Text

(a) 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) For purposes of determining the rights of a creditor
of a consignee, law other than this article 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.