Colorado Revised Statutes

Colo. Rev. Stat. § 4-2-707 (2026)

"Person in the position of a seller"

✓ current as of July 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 article withhold or stop delivery (section 4-2-705) and resell (section 4-2-706) and recover incidental damages (section 4-2-710).

Source: L. 65: p. 1337, § 1. C.R.S. 1963: § 155-2-707.