2016 South Carolina Code of Laws
Title 36 - Commercial Code
CHAPTER 2 - COMMERCIAL CODE - SALES
Section 36-2-502. Buyer's right to goods on seller's insolvency.
(1) Subject to subsection (2) 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 (Section 36-2-501) may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if the seller becomes insolvent within ten days after receipt of the first installment on their price.
(2) 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.
HISTORY: 1962 Code Section 10.2-502; 1966 (54) 2716.
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