Sec. 2.502. BUYER'S RIGHT TO GOODS ON SELLER'S REPUDIATION, FAILURE TO DELIVER, OR INSOLVENCY. (a) Subject to Subsections (b) and (c) and even though the goods have not been shipped a buyer who has paid a part or all of the price of goods in which he has a special property under the provisions of the immediately preceding section may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if:
(1) in the case of goods bought for personal, family, or household purposes, the seller repudiates or fails to deliver as required by the contract; or
(2) in all cases, the seller becomes insolvent within ten days after receipt of the first installment on their price.
(b) The buyer's right to recover the goods under Subsection (a)(1) vests upon acquisition of a special property, even if the seller had not then repudiated or failed to deliver.
(c) If the identification creating his special property has been made by the buyer he acquires the right to recover the goods only if they conform to the contract for sale.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967. Amended by Acts 1999, 76th Leg., ch. 414, Sec. 2.17, eff. July 1, 2001.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Section 2.501. Insurable Interest in Goods; Manner of Identification of Goods
Section 2.502. Buyer's Right to Goods on Seller's Repudiation, Failure to Deliver, or Insolvency
Section 2.503. Manner of Seller's Tender of Delivery
Section 2.504. Shipment by Seller
Section 2.505. Seller's Shipment Under Reservation
Section 2.506. Rights of Financing Agency
Section 2.507. Effect of Seller's Tender; Delivery on Condition
Section 2.508. Cure by Seller of Improper Tender or Delivery; Replacement
Section 2.509. Risk of Loss in the Absence of Breach
Section 2.510. Effect of Breach on Risk of Loss
Section 2.511. Tender of Payment by Buyer; Payment by Check
Section 2.512. Payment by Buyer Before Inspection
Section 2.513. Buyer's Right to Inspection of Goods
Section 2.514. When Documents Deliverable on Acceptance; When on Payment