KRS 355.2-102: Scope -- Certain security and other transactions excluded from this
Where this section sits in the code
article.
(1) Unless the context otherwise requires, and except as provided in subsection (3) of
this section, this article applies to transactions in goods and, in th e case of a hybrid
transaction, it applies to the extent provided in subsection (2) of this section.
(2) In a hybrid transaction:
(a) If the sale -of-goods aspects do not predominate, only the provisions of this
article 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; and
(b) If the sale-of-goods aspects predominate, this article applies to the transaction
but does not preclude application in app ropriate circumstances of other law to
aspects of the transaction which do not relate to the sale of goods.
(3) This article does not:
(a) Apply to a transaction that, even though in the form of an unconditional
contract to sell or present sale, operates only to create a security interest; or
(b) Impair or repeal any statute regulating sales to consumers, farmers, or other
specified classes of buyers.
Collected 2026-09-05T20:58:41Z. Source file · JSON