Michigan Compiled Laws

Mich. Comp. Laws § 440.2707 (2026)

Person in the position of a seller.

✓ current as of July 2026
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UNIFORM COMMERCIAL CODE


Act 174 of 1962


440.2707 Person in the position of a seller.

Sec. 2707.

    (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 2705) and resell (section 2706) and recover incidental damages (section 2710).

History: 1962, Act 174, Eff. Jan. 1, 1964

Notes of Decisions
Cited in 1 case, 1996–1996 · leading case: First of Am. Bank v. Thompson, 552 N.W.2d 516 (Mich. Ct. App. 1996).
First of Am. Bank v. Thompson, 552 N.W.2d 516 (Mich. Ct. App. 1996). “” MCL 440.2707(1); MSA 19.2707(1). 2 Assignability is sanctioned under the ucc as a “normal and permissible incident!] of a contract for the sale of goods.”
— Mich. Comp. Laws § 440.2707(1) — 1 case
First of Am. Bank v. Thompson, 552 N.W.2d 516 (Mich. Ct. App. 1996). “” MCL 440.2707(1); MSA 19.2707(1). 2 Assignability is sanctioned under the ucc as a “normal and permissible incident!] of a contract for the sale of goods.”
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