A. Where the seller discovers the buyer to be insolvent he may refuse delivery except for cash including payment for all goods theretofore delivered under the contract, and stop delivery under this Article (27A ONC § 2-705).

B. Where the seller discovers that the buyer has received goods on credit while insolvent, the seller may reclaim the goods upon demand made within a reasonable time after the buyer’s receipt of the goods. Except as provided in this subsection, the seller may not base a right to reclaim goods on the buyer’s fraudulent or innocent misrepresentation of solvency or of intent to pay.

C. The seller’s right to reclaim under subsection (B) of this section is subject to the rights of a buyer in ordinary course of business or other good-faith purchaser for value under 27A ONC § 2-403. Successful reclamation of goods excludes all other remedies with respect to them. ONCA 13-23, eff. Sept. 24, 2013.