Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
336.2-326 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) 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) Any "or return" term of a contract for sale is to be treated as a separate contract for sale
within the statute of frauds section of this article (section 336.2-201) and as contradicting the
sale aspect of the contract within the provisions of this article on parol or extrinsic evidence
(section 336.2-202).
History: 1965 c 811 s 336.2-326; 1986 c 444; 2000 c 399 art 2 s 5
(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) 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) Any "or return" term of a contract for sale is to be treated as a separate contract for sale
within the statute of frauds section of this article (section 336.2-201) and as contradicting the
sale aspect of the contract within the provisions of this article on parol or extrinsic evidence
(section 336.2-202).
History: 1965 c 811 s 336.2-326; 1986 c 444; 2000 c 399 art 2 s 5
Official Publication of the State of Minnesota
Revisor of Statutes