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25,400 statutes · page 58 of 1270
United States — Maine legislation
20 statutes shown from 25,400 source-backed records
This section is a savings clause: it preserves certain pre-July 1, 2025 property transactions and interests, and it says the new Title provisions do not affect actions, cases, or proceedings already commenced before that date.
A pre-July 1, 2025 security interest stays perfected if the July 1, 2025 requirements are met without further action.
A security interest that was enforceable but unperfected before July 1, 2025 stays enforceable, and it becomes perfected automatically or when perfection requirements are later satisfied, depending on timing.
Actions taken before July 1, 2025 can continue to count for perfection or enforceability of a security interest under the stated conditions.
This section sets which law determines priority for conflicting claims to collateral, with special rules for priorities established before July 1, 2025.
Article 12 controls priority for conflicting claims to Article 12 property when Article 9-A’s priority rules do not apply, with special rules for priorities established before July 1, 2025.
This section says the Article’s short name is “Uniform Commercial Code -- Sales.”
This section says the Article applies to transactions in goods, including hybrid transactions only to the extent stated here, and excludes transactions that are only security interests.
This section defines key terms used in Article 2, including buyer, receipt, and seller, and points to other sections for additional definitions.
This section defines “merchant,” “financing agency,” and “between merchants.”
This section defines “goods,” “future goods,” “lot,” and “commercial unit,” and explains when goods are identified and transferable for sale.
This section defines several terms used in the Article, including contract, agreement, sale, present sale, conforming goods or conduct, termination, cancellation, and hybrid transaction.
This section says certain goods to be severed from real property are treated as goods sales, and a recorded sale document can give notice to third parties.
The listed blood- and tissue-transfer activities are treated as a service, not a sale, when they are done to inject, transfuse, or transplant the materials into the human body.
This Article may be known and cited as the "Uniform Commercial Code -- Leases." [PL 1991, c. 805, §4 (NEW).]
This section says the Article applies to any transaction that creates a lease, and it gives special rules for hybrid leases.
This section defines key terms used in the Article on leases.
A lease under this Article is also subject to applicable title statutes and Maine consumer protection law; if there is a conflict, the other applicable statute or decision controls.
For titled goods, the issuing jurisdiction’s law governs compliance and the effects of compliance or noncompliance until the certificate is surrendered or four months after removal, whichever happens first.
Certain consumer lease choices of law or court forum are not enforceable in specified situations.
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