Sec. 45.02.102. Scope; certain security and other transactions excluded.
71 words·~1 min read·
/ak/title-45/chapter-2/45-02-102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 45.02.102. Scope; certain security and other transactions excluded.
Unless the context otherwise requires, this chapter applies to transactions in goods; it does not apply to a transaction that, 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 chapter impair or repeal any statute regulating sales to consumers, farmers, or other specified class of buyers.