Indiana § 26-1-2-704 - Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
Full text of Indiana Indiana Code § 26-1-2-704 — Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods, with citation guidance and answers to common questions.
§ 26-1-2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
Sec. 704. (1) An aggrieved seller under IC 26-1-2-703 may:
(a) identify to the contract conforming goods not already identified if at the time he learned of the breach they are in his possession or control;
(b) treat as the subject of resale goods which have demonstrably been intended for the particular contract even though those goods are unfinished.
(2) Where the goods are unfinished, an aggrieved seller may in the exercise of reasonable commercial judgment for the purposes of avoiding loss and of effective realization either complete the manufacture and wholly identify the goods to the contract or cease manufacture and resell for scrap or salvage value or proceed in any other reasonable manner.
Formerly: Acts 1963, c.317, s.2-704. As amended by P.L.152-1986, SEC.163.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 26-1-2-704
What does Indiana Code § 26-1-2-704 cover?
Section 26-1-2-704 ("Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 26-1-2-704?
A common citation format is "Indiana Code § 26-1-2-704" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 26-1-2-704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.