Indiana Code 26-1-2-707. “Person in the position of a seller”
Current as of: 2023 | Check for updates
|
Other versions
Sec. 707. (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 IC 26-1-2 withhold or stop delivery (IC 26-1-2-705) and resell (IC 26-1-2-706) and recover incidental damages (IC 26-1-2-710).
Formerly: Acts 1963, c.317, s.2-707. As amended by P.L.152-1986, SEC.166.
Terms Used In Indiana Code 26-1-2-707
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.