Ark. Code Ann. » Title 4 Chapter 02
Arkansas Code Annotated

Ark. Code Ann. § 4-2-707 (2026)

“Person in the position of a seller.”

✓ current as of May 2026
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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 this chapter withhold or stop delivery (§ 4-2-705) and resell (§ 4-2-706) and recover incidental damages (§ 4-2-710).

History. Acts 1961, No. 185, § 2-707; A.S.A. 1947, § 85-2-707.