N.Y. U.C.C. Law § 2-707

Current through 2024 NY Law Chapters 1-49, 52, and 61-117
Section 2-707 - "Person in the Position of a Seller"
(1) 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.
(2) A person in the position of a seller may as provided in this Article withhold or stop delivery (Section 2-705) and resell (Section 2-706) and recover incidental damages (Section 2-710).

N.Y. U.c.c. Law § 2-707