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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 336.2-326: SALE ON APPROVAL AND SALE OR RETURN; RIGHTS OF CREDITORS.

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Where this section sits in the code
  1. TRADE REGULATIONS, CONSUMER PROTECTION
  2. CHAPTER 336. UNIFORM COMMERCIAL CODE
  3. Article 2 SALES
  4. Part 3 GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT

(1) Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is

(a) a "sale on approval" if the goods are delivered primarily for use, and

(b) a "sale or return" if the goods are delivered primarily for resale.

(2) Goods held on approval are not subject to the claims of the buyer's creditors until acceptance; goods held on sale or return are subject to such claims while in the buyer's possession.

(3) Any "or return" term of a contract for sale is to be treated as a separate contract for sale within the statute of frauds section of this article (section 336.2-201) and as contradicting the sale aspect of the contract within the provisions of this article on parol or extrinsic evidence (section 336.2-202).

Collected 2026-09-02T22:10:43Z. Source file · JSON

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