N.Y. UCC Law § 2-704
This is the official text of N.Y. UCC Law § 2-704, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods
Official statutory text
Section 2--704. Seller's Right to Identify Goods to the Contract\n Notwithstanding Breach or to Salvage Unfinished Goods.\n (1) An aggrieved seller under the preceding section may\n (a) identify to the contract conforming goods not already\n identified if at the time he learned of the breach they are\n in his possession or control;\n (b) treat as the subject of resale goods which have demonstrably\n been intended for the particular contract even though those\n goods are unfinished.\n (2) Where the goods are unfinished an aggrieved seller may in the\nexercise of reasonable commercial judgment for the purposes of avoiding\nloss and of effective realization either complete the manufacture and\nwholly identify the goods to the contract or cease manufacture and\nresell for scrap or salvage value or proceed in any other reasonable\nmanner.\n
Status: in_force · Read it on the official government site
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