N.Y. Uniform Commercial Code Law § 9-319: Rights and Title of Consignee with Respect to Creditors and Purchasers

Section 9--319. Rights and Title of Consignee with Respect to Creditors

and Purchasers.

(a) Consignee has consignor's rights. Except as otherwise provided in

subsection (b), 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) Applicability of other law. For purposes of determining the rights

of a creditor of a consignee, law other than this article 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.