Pennsylvania § 2102 - Scope; certain security and other transactions excluded from division.

§ 2102. Scope; certain security and other transactions excluded from division.

(a) Scope.--Unless the context otherwise requires, and except as provided in subsection (c), this division applies to transactions in goods and, in the case of a hybrid transaction, this division applies to the extent provided in subsection (b).

(b) Hybrid transactions.--In a hybrid transaction:

(1) If the sale-of-goods aspects do not predominate, only the provisions of this division which relate primarily to the sale-of-goods aspects of the transaction apply, and the provisions that relate primarily to the transaction as a whole do not apply.

(2) If the sale-of-goods aspects predominate, this division applies to the transaction but does not preclude application in appropriate circumstances of other law to aspects of the transaction which do not relate to the sale of goods.

(c) Exclusions.--This division does not:

(1) apply to a transaction which, even though in the form of an unconditional contract to sell or present sale, operates only to create a security interest; or

(2) impair or repeal a statute regulating sales to consumers, farmers or other specified classes of buyers.

(July 1, 2024, P.L.450, No.41, eff. 60 days)

2024 Amendment. See section 1 of Act 41 in the appendix to this title for special provisions relating to findings and declarations.