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Tex. Bus. & Com. Code § 2.707

"PERSON IN THE POSITION OF A SELLER"

Known as the Uniform Commercial Code

The act spans §§ 1–12 (616 sections).

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff

(a) 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.

(b) A person in the position of a seller may as provided in this chapter withhold or stop delivery (Section 2.705) and resell (Section 2.706) and recover incidental damages (Section 2.710).

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.