Michigan Compiled Laws § 440.2707 Person In The Position Of A Seller.


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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Last modified: October 10, 2016