Nebraska Uniform Commercial Code 2-707

UCC 2-707

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).

Source

  • Laws 1963, c. 544, Art. II, § 2-707, p. 1759.