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Texas Business & Commerce Code

§ 2.707 — "PERSON IN THE POSITION OF A SELLER"

BC § 2.707Title 1. UNIFORM COMMERCIAL CODE · Ch. 2. SALES · Art. G. REMEDIES

Statute text

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(a)A "person in the position of a seller" includes as against a principal an agent who has paid or become responsible for the price of goods on behalf of his principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.
(b)A person in the position of a seller may as provided in this chapter withhold or stop delivery (Section 2.705) and resell (Section 2.706) and recover incidental damages (Section 2.710).

Legislative history

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.

Source: Texas Business & Commerce Code § 2.707 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.