Colorado Code
Part 7 - Remedies
§ 4-2-707. "Person in the Position of a Seller"

Source: L. 65: p. 1337, § 1. C.R.S. 1963: § 155-2-707.
Prior Uniform Statutory Provision: Section 52(2), Uniform Sales Act.
Changes: Rewritten.
Purposes of Changes: To make it clear that:
In addition to following in general the prior uniform statutory provision, the case of a financing agency which has acquired documents by honoring a letter of credit for the buyer or by discounting a draft for the seller has been included in the term "a person in the position of a seller."
Cross Reference:
Article 5, Section 4-2-506.
Definitional Cross References:
"Consignee". Section 7-102.
"Consignor". Section 7-102.
"Goods". Section 4-2-105.
"Security interest". Section 4-1-201.
"Seller". Section 4-2-103.

Structure Colorado Code