LD 2245
pg. 464
Page 463 of 493 An Act to Adopt the Model Revised Article 9 Secured Transactions Page 465 of 493
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LR 1087
Item 1

 
situated are may be so out of the ordinary commercial course that
their peculiar character is immediately apparent to the buyer and
therefore no personal obligation is imposed upon the seller who
is purporting to sell only an unknown or limited right. This
subsection does not touch upon and leaves open all questions of
restitution arising in such cases, when a unique article so sold
is reclaimed by a third party as the rightful owner.

 
Foreclosure sales under Article 9 [Maine cite Article 9-A] are
another matter.__Section 9-610 [Maine cite section 9-1610]
provides that a disposition of collateral under that section
includes warranties such as those imposed by this section on a
voluntary disposition of property of the kind involved.__
Consequently, unless properly excluded under subsection (2) or
under the special provisions for exclusion in Section 9-610
[Maine cite section 9-1610], a disposition under Section 9-610
[Maine cite section 9-1610] of collateral consisting of goods
includes the warranties imposed by subsection (1) and, if
applicable, subsection (3).

 
Sec. B-8. 11 MRSA §2-326 is amended to read:

 
§2-326. Sale on approval and sale or return; rights of

 
creditors

 
(1) Unless otherwise agreed, if delivered goods may be
returned by the buyer even though they conform to the contract,
the transaction is:

 
(a) A "sale on approval," if the goods are delivered
primarily for use; and

 
(b) A "sale or return," if the goods are delivered
primarily for resale.

 
(2) Except as provided in subsection (3), goods Goods held on
approval are not subject to the claims of the buyer's creditors
until acceptance; goods held on sale or return are subject to
such claims while in the buyer's possession.

 
(3) Where goods are delivered to a person for sale and such
person maintains a place of business at which he deals in goods
of the kind involved, under a name other than the name of the
person making delivery, then with respect to claims of creditors
of the person conducting the business the goods are deemed to be
on sale or return. The provisions of this subsection are
applicable even though an agreement purports to reserve title to
the person making delivery until payment or resale or uses such
words as "on consignment" or "on memorandum." However, this
subsection is not
applicable if the person making delivery


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