New Jersey § 12a:2-402

§ 12a:2-402.

(1) Except as provided in subsections (2) and (3), rights of unsecured creditors of

the seller with respect to goods which have been identified to a contract for sale

are subject to the buyer's rights to recover the goods under this Chapter (12A:2-502

and 2-716). (2) A creditor of the seller may treat a sale or an identification of goods to a contract

for sale as void if as against him a retention of possession by the seller is fraudulent

under any rule of law of the state where the goods are situated, except that retention

of possession in good faith and current course of trade by a merchant-seller for a

commercially reasonable time after a sale or identification is not fraudulent. (3) Nothing in this Chapter shall be deemed to impair the rights of creditors of the

seller (a) under the provisions of the Chapter on Secured Transactions (Chapter 9); or (b) where identification to the contract or delivery is made not in current course

of trade but in satisfaction of or as security for a pre-existing claim for money,

security or the like and is made under circumstances which under any rule of law of

the state where the goods are situated would apart from this Chapter constitute the

transaction a fraudulent transfer or voidable preference.