Scope; certain security and other transactions excluded from this article.

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84-2-102. Scope; certain security and other transactions excluded from this article.
Unless the context otherwise requires, this article applies to transactions in goods; it does not apply to any transaction which although in the form of an unconditional contract to sell or present sale is intended to operate only as a security transaction nor does this article impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers.

History: L. 1965, ch. 564, § 19; Jan. 1, 1966.


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