There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Article 2 Sales
355.2.502 Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.
Download pdfhas 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 household 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 under 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. Effective: July 1, 2001
History: Amended 2000 Ky. Acts ch. 408, sec. 161, effective July 1, 2001. -- Created 1958 Ky. Acts ch. 77, sec. 2-502, effective July 1, 1960.
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