Illinois Compiled Statutes 810 ILCS 5 Uniform Commercial Code. Section 2-102

    (810 ILCS 5/2-102) (from Ch. 26, par. 2-102)

    Sec. 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.

(Source: Laws 1961, p. 2101.)

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Last modified: February 18, 2015