Michigan Compiled Laws § 440.2102 Application Of Article; Security And Other Transactions Excluded.


440.2102 Application of article; security and other transactions excluded.

Sec. 2102.

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.


History: 1962, Act 174, Eff. Jan. 1, 1964


Section: 440.2101  440.2102  440.2103  440.2104  440.2105  440.2106  440.2107    Next

Last modified: October 10, 2016