United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 11, § 2-102: Scope; certain security and other transactions excluded from this Article, 2023

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.

consumer sales exclusionsgoods transactionshybrid transactionssecurity interests

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01

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“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.”

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    Enacted 2023 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from legislature.maine.gov · Enacted 2023 · Source version 1 Oct 2025

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part 1 SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER

§ 2-102Scope; certain security and other transactions excluded from this ArticleRepeal

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.

(1). Unless the context otherwise requires, and except as provided in subsection (3), this Article applies to transactions in goods and, in the case of a hybrid transaction, it applies to the extent provided in subsection (2). [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] (2). In a hybrid transaction: (a). If the aspects of the transaction that relate to the sale of goods do not predominate, only the provisions of this Article that relate primarily to those aspects of the transaction apply and the provisions that relate primarily to the transaction as a whole do not apply. [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] (b). If the aspects of the transaction that relate to the sale of goods predominate, this Article applies to the transaction but does not preclude application in appropriate circumstances of other law to aspects of the transaction that do not relate to the sale of goods. [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] (3). This Article does not: (a). Apply to a transaction that, even though in the form of an unconditional contract to sell or present sale, operates only to create a security interest; or [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] (b). Impair or repeal a statute regulating sales to consumers, farmers or other specified classes of buyers. [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] [PL 2023, c. 669, Pt. A, §13 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
Section 2-102Verify source

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  • 1 Oct 2025 · currentEnglish

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