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§ 26-1-2-707 — Indiana Law | CourtGPT
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  4. Title 26 - Commercial Law/
  5. Article 1 - Uniform Commercial Code/
  6. Chapter 2 - Sales26-1-2-101. Short Title/
  7. § 26-1-2-707
Indiana Legal Code

§ 26-1-2-707

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(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.