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§12A-2-402.
§12A-2-402.
(1) Except as provided in subsections (2) and (3), rights of unsecured
creditors of the seller with respect to goods which have been
identified to a contract for sale are subject to the buyer's rights to
recover the goods under this article (Sections 2-502 and 2-716).
(2) A creditor of the seller may treat a sale or an identification of
goods to a contract for sale as void if as against him a retention of
possession by the seller is fraudulent under any rule of law of the
state where the goods are situated, except that retention of
possession in good faith and current course of trade by a
merchant-seller for a commercially reasonable time after a sale or
identification is not fraudulent.
(3) Nothing this article shall be deemed to impair the rights of
creditors of the seller.
(a) under the provisions of the article on Secured Transactions
(Article 9); or
(b) where identification to the contract or delivery is made not in
current course of trade but in satisfaction of or as security for a
pre-existing claim for money, security or the like and is made under
circumstances which under any rule of law of the state where the goods
are situated would apart from this article constitute the transaction
a fraudulent transfer or voidable preference.
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