KRS 355.2-502: Buyer's right to goods on seller's repudiation, failure to deliver, or
Where this section sits in the code
insolvency.
(1) Subject to subsections (2) and (3) of this section 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:
(a) In the case of goods bought for personal, family, or ho usehold purposes, the
seller repudiates or fails to deliver as required by contract; or
(b) In all cases, the seller becomes insolvent within ten (10) days after receipt of
the first installment on their price.
(2) The buyer's right to recover the goods un der subsection (1)(a) of this section vests
upon acquisition of a special property, even if the seller had not then repudiated or
failed to deliver.
(3) 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.
Collected 2026-09-05T20:58:42Z. Source file · JSON