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

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Effective - 28 Aug 1963

400.2-102. 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.

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(L. 1963 p. 503 § 2-102)


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