O.C.G.A.

O.C.G.A. § 11-2-707 (2019)

“Person in the position of a seller.”

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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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 (Code Section 11-2-705) and resell (Code Section 11-2-706) and recover incidental damages (Code Section 11-2710).

History

Code 1933, § 109A-2-707, enacted by Ga. L. 1962, p. 156, § 1.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. 50 Am. Jur. 2d, Letters of Credit, and

Credit Cards, § 75 et seq. 68A Am. Jur. 2d, Secured Transactions, § 13.

U.L.A. Uniform Commercial Code (U.L.A.) § 2707. ALR. Measure of damages for buyer’s repu-

diation of or failure to accept goods under executory contract, 44 A.L.R. 215; 108 A.L.R. 1482.