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Code · Michigan · Chapter 440 — Uniform Commercial Code

440.2707 Person in the position of a seller.

100 words·~1 min read·/mi/chapter-440/440-2707

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440.2707 Person in the position of a seller.
Sec. 2707.
(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 2705) and resell (section 2706) and recover incidental damages (section 2710).
History: 1962, Act 174, Eff. Jan. 1, 1964
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