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Kentucky · Snapshot 09/05/2026

KRS 355.2-502: Buyer's right to goods on seller's repudiation, failure to deliver, or

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    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

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