75-2-707 - "Person in the position of a seller".

§ 75-2-707. "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 chapter withhold or stop delivery (Section 2-705) [Section 75-2-705] and resell (Section 2-706) [Section 75-2-706] and recover incidental damages (Section 2-710) [Section 75-2-710]. 
 

Sources: Codes, 1942, § 41A:2-707; Laws,  1966, ch. 316, § 2-707, eff March 31, 1968.