Scope; Certain Security and Other Transactions Excluded From This Division

Scope; Certain Security and Other Transactions Excluded From This Division. Unless the context otherwise requires, this division 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 division impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers. Source: PL 3-56, § 1 (§ 2102).