Mississippi § 75-2-326 - Sale on approval and sale or return; consignment sales and rights of creditors.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-2-326 — Sale on approval and sale or return; consignment sales and rights of creditors., with citation guidance and answers to common questions.
§ 75-2-326. Sale on approval and sale or return; consignment sales and rights of creditors.
Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is A “sale on approval” if the goods are delivered primarily for use, and A “sale or return” if the goods are delivered primarily for resale. 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. 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 chapter (Section 75-2-201) and as contradicting the sale aspect of the contract within the provisions of this chapter on parol or extrinsic evidence (Section 75-2-202).
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-2-326
What does Mississippi Code of 1972 Annotated § 75-2-326 cover?
Section 75-2-326 ("Sale on approval and sale or return; consignment sales and rights of creditors.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. 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 Mississippi § 75-2-326?
A common citation format is "Mississippi Code of 1972 Annotated § 75-2-326" (Mississippi). 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 Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 75-2-326 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi 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 Mississippi.