47-9319. Rights and title of consignee with
respect to creditors and purchasers


A. Except as otherwise provided in subsection B, for purposes of determining the
rights of creditors of, and purchasers for value of goods from, a consignee, while the
goods are in the possession of the consignee, the consignee is deemed to have rights and
title to the goods identical to those the consignor had or had power to transfer.


B. For purposes of determining the rights of a creditor of a consignee, law other
than this chapter determines the rights and title of a consignee while goods are in the
consignee's possession if, under this article, a perfected security interest held by the
consignor would have priority over the rights of the creditor.