§ 2403. Power to transfer; good faith purchase of goods; “entrusting”
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial Code
13 Pa.C.S.A. § 2403
§ 2403. Power to transfer; good faith purchase of goods; “entrusting”
(a) Transfer of title.--A purchaser of goods acquires all title which his transferor had or had power to transfer except that a purchaser of a limited interest acquires rights only to the extent of the interest purchased. A person with voidable title has power to transfer a good title to a good faith purchaser for value. When goods have been delivered under a transaction of purchase the purchaser has such power even though:
(c) Definition of “entrusting”.--“Entrusting” includes any delivery and any acquiescence in retention of possession regardless of any condition expressed between the parties to the delivery or acquiescence and regardless of whether the procurement of the entrusting or the disposition of the goods by the possessor has been such as to be larcenous under the criminal law.
Credits
1979, Nov. 1, P.L. 255, No. 86, § 1, effective Jan. 1, 1980. Amended 1992, July 9, P.L. 507, No. 97, § 2, effective in one year.
13 Pa.C.S.A. § 2403, PA ST 13 Pa.C.S.A. § 2403
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |