California Commercial Code

§ 2403

COM § 2403Div. 2 · Ch. 4

Statute text

(1)A purchaser of goods acquires all title which his transferor had or had power to transfer except that a purchaser of a limited interest acquires rights only to the extent of the interest purchased. A person with voidable title has power to transfer a good title to a good faith purchaser for value. When goods have been delivered under a transaction of purchase the purchaser has such power even though

(a)The transferor was deceived as to the identity of the purchaser, or

(b)The delivery was in exchange for a check which is later dishonored, or

…

Legislative history

Amended by Stats. 1967, Ch. 799.