Scope--Certain security and other transactions excluded from this chapter.

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57A-2-102. Scope--Certain security and other transactions excluded from this chapter.

Unless the context otherwise requires, this chapter applies to transactions in goods; they do 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 chapter impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers.

Source: SL 1966, ch 150, §2-102; SDCL, §57-2-2.


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