70A-2-102 - Scope -- Certain security and other transactions excluded from this chapter.
70A-2-102. Scope -- Certain security and other transactions excluded from thischapter.
Unless the context otherwise requires, this chapter applies to transactions in goods; it doesnot apply to any transaction which although in the form of an unconditional contract to sell orpresent sale is intended to operate only as a security transaction nor does this chapter impair orrepeal any statute regulating sales to consumers, farmers or other specified classes of buyers.
Unless the context otherwise requires, this chapter applies to transactions in goods; it doesnot apply to any transaction which although in the form of an unconditional contract to sell orpresent sale is intended to operate only as a security transaction nor does this chapter impair orrepeal any statute regulating sales to consumers, farmers or other specified classes of buyers.
Enacted by Chapter 154, 1965 General Session