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Idaho |
28-9-319 Rights And Title Of Consignee With Respect To Creditors And Purchasers.

28-9-319. Rights and title of consignee with respect to creditors and purchasers. (a) Except as otherwise provided in subsection (b) of this section, for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer.

(b) For purposes of determining the rights of a creditor of a consignee, law other than this chapter determines the rights and title of a consignee while goods are in the consignee’s possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor.

[28-9-319, added 2001, ch. 208, sec. 2, p. 739.]

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Local Government
Idaho
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C.L. "Butch" Otter
Butch Otter
January 1, 2007 -
Republican
208-332-0102
999 Main St., Suite 910, Boise, ID, 83702

Keywords
rights
consignee
creditor
goods
consignor
commercial
transactions
secured
priority
identical