Me. Stat. tit. 11 § 2-103

Current through 131st (2023-2024) Legislature Chapter 634

Section 2-103 - Definitions and index of definitions

(1). In this Article unless the context otherwise requires

(a). Buyer. "Buyer" means a person who buys or contracts to buy goods.

(b). [2009, c. 325, Pt. B, §4 (RP); 2009, c. 325, Pt. B, §27 (AFF).]

(c). Receipt. "Receipt" of goods means taking physical possession of them.

(d). Seller. "Seller" means a person who sells or contracts to sell goods.

[2009, c. 325, Pt. B, §4 (AMD); 2009, c. 325, Pt. B, §27 (AFF).]

(2). Other definitions applying to this Article or to specified parts thereof, and the sections in which they appear are

"Acceptance."	Section 2-606.
"Banker's credit."	Section 2-325.
"Between merchants."	Section 2-104.
"Cancellation."	Section 2-106, subsection (4).
"Commercial unit."	Section 2-105.
"Confirmed credit."	Section 2-325.
"Conforming to contract."	Section 2-106.
"Contract for sale."	Section 2-106.
"Cover."	Section 2-712.
"Entrusting."	Section 2-403.
"Financing agency."	Section 2-104.
"Future goods."	Section 2-105.
"Goods."	Section 2-105.
"Identification."	Section 2-501
"Installment contract."	Section 2-612.
"Letter of credit."	Section 2-325.
"Lot."	Section 2-105.
"Merchant."	Section 2-104.
"Overseas."	Section 2-323.
"Person in position of seller."	Section 2-707.
"Present sale."	Section 2-106.
"Sale."	Section 2-106.
"Sale on approval."	Section 2-326.
"Sale or return."	Section 2-326.
"Termination."	Section 2-106.

(3). The following definitions in other Articles apply to this Article:

"Check."	Section 3-1104.
"Consignee."	Section 7-1102.
"Consignor."	Section 7-1102.
"Consumer goods."	Section 9-1102.
"Dishonor."	Section 3-1502.
"Draft."	Section 3-1104.

[RR 2019, c. 2, Pt. A, §15 (COR).]

(3-A). "Control" as provided in section 7-1106 and the following definitions in other Articles apply to this Article:

"Check."	Section 3-1104.
"Consignee."	Section 7-1102.
"Consignor."	Section 7-1102.
"Consumer goods."	Section 9-1102.
"Dishonor."	Section 3-1502.
"Draft."	Section 3-1104.

[RR 2019, c. 2, Pt. A, §16 (COR).]

(4). In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.

11 M.R.S. § 2-103

1999, c. 699, §B28 (AFF) . 1999, c. 699, §B5 (AMD) . 2009, c. 324, Pt. B, §§3, 4 (AMD) . 2009, c. 324, Pt. B, §48 (AFF) . 2009, c. 325, Pt. B, §27 (AFF) . 2009, c. 325, Pt. B, §4 (AMD) .