Person in the position of a seller

Colo. Rev. Stat. § 4-2-707, under Uniform Commercial Code.

Colo. Rev. Stat. § 4-2-707

(1) A person in the position of a seller includes as against a principal an agent who has paid or become responsible for the price of goods on behalf of his principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.

(2) A person in the position of a seller may as provided in this article withhold or stop delivery (section 4-2-705) and resell (section 4-2-706) and recover incidental damages (section 4-2-710).

Source: L. 65: p. 1337, � 1. C.R.S. 1963: � 155-2-707.